£230,542
This estimated value is based upon the latest sale price for the house of £227,000 on 20 Mar 2024. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£227,000 | 20 Mar 2024 |
£90,000 | 29 Feb 2012 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 919 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 March 2024 the House Price Index for LEICESTER was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £227,000 results in an estimated price of approximately £230,542.
20 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £227,000 | £3,542 | £230,542 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 20.792 % | £47,198 | £274,198 |
3 Month Average | 8.323 % | £18,892 | £245,892 |
6 Month Average | 9.582 % | £21,750 | £248,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £225,000 | £225,000 | 7 CLEMENT AVENUE |
28 Mar 2024 | £355,461 | £350,000 | 18 ELSADENE AVENUE |
20 Mar 2024 | £230,542 | £227,000 | 22 OVERING CLOSE |
7 Mar 2024 | £888,653 | £875,000 | THE OLD SCHOOL HOUSE, 1A THURCASTON ROAD |
21 Aug 2023 | £284,124 | £279,000 | 17 FIELDHOUSE ROAD |
This house has a floor area of 85 sq meters or 919 sq feet when measured on 24 Mar 2011. Using an estimated price of £230,542 means this house is valued at £2,699 per sq meter (£250 per sq foot).
The average size of a house on OVERING CLOSE is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Overing Close |
Jul 2024 | Vehicle crime | Under investigation | On or near Overing Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Overing Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Overing Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Overing Close |