£221,334
This estimated value is based upon the latest sale price for the house of £142,000 on 17 Jan 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£142,000 | 17 Jan 2008 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 January 2008 the House Price Index for LEICESTER was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £142,000 results in an estimated price of approximately £221,334.
17 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £142,000 | £79,334 | £221,334 |
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 | 66.338 % | £94,200 | £236,200 |
3 Month Average | 48.331 % | £68,629 | £210,629 |
6 Month Average | 54.006 % | £76,687 | £218,687 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £218,829 | £215,000 | 11 LAVENDER ROAD |
31 Aug 2023 | £193,695 | £192,000 | 24 WINCHESTER AVENUE |
7 Jul 2023 | £263,547 | £260,000 | 21 SWEETBRIAR ROAD |
17 Feb 2023 | £358,259 | £358,500 | 14 SWEETBRIAR ROAD |
6 Jan 2023 | £236,386 | £237,500 | 18 SWEETBRIAR ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Feb 2014. Using an estimated price of £221,335 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on WINCHESTER AVENUE is 109 sq meters (1,177 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Shopping Area |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
Jan 2024 | Anti-social behaviour | On or near Shopping Area |