£121,876
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 18 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 938 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in December 2009 the House Price Index for LEICESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £70,000 results in an estimated price of approximately £121,876.
| 18 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £70,000 | £51,876 | £121,876 |
The Postcode Pricing Model uses changes in average sales price within the LE3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 69.059 % | £48,341 | £118,341 |
| 3 Month Average | 100.650 % | £70,454 | £140,454 |
| 6 Month Average | 88.724 % | £62,107 | £132,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £212,000 | £212,000 | 212 LIBERTY ROAD |
| 15 May 2024 | £257,000 | £257,000 | 20 BROOKDALE ROAD |
| 30 Jan 2023 | £210,563 | £210,000 | 176 LIBERTY ROAD |
| 4 Jan 2023 | £270,723 | £270,000 | 14 BROOKDALE ROAD |
| 23 Sep 2022 | £189,973 | £190,100 | 2 CUFFLING CLOSE |
This house has a floor area of 87 sq meters or 938 sq feet when measured on 13 Jul 2009. Using an estimated price of £121,876 means this house is valued at £1,397 per sq meter (£129 per sq foot).
The average size of a house on OUTWOOD CLOSE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Outwood Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Outwood Close |
| Oct 2024 | Anti-social behaviour | On or near Outwood Close | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Outwood Close |
| Sep 2024 | Anti-social behaviour | On or near Outwood Close |