£169,956
This estimated value is based upon the latest sale price for the house of £137,500 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £137,500 | 30 Sep 2019 |
| £95,000 | 7 Jun 2019 |
| £85,000 | 4 May 2010 |
| £62,450 | 7 Feb 2003 |
| £46,500 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2019 the House Price Index for LEICESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £137,500 results in an estimated price of approximately £169,956.
| 30 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £137,500 | £32,456 | £169,956 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 10.218 % | £14,050 | £151,550 |
| 3 Month Average | 24.057 % | £33,079 | £170,579 |
| 6 Month Average | 28.147 % | £38,701 | £176,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 27 WOKINGHAM AVENUE |
| 10 Nov 2023 | £80,032 | £78,000 | 152 MONMOUTH DRIVE |
| 6 Oct 2023 | £173,951 | £170,000 | 49 MONMOUTH DRIVE |
| 2 Oct 2023 | £194,416 | £190,000 | 3 EDEN WAY |
| 22 Aug 2023 | £193,490 | £190,000 | 118 MONMOUTH DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Mar 2019. Using an estimated price of £169,956 means this house is valued at £2,178 per sq meter (£202 per sq foot).
The average size of a house on QUEENS PARK WAY is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Queens Park Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Park Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tilford Crescent |
| Oct 2024 | Other theft | Under investigation | On or near Tilford Crescent |