£315,611
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 16 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,284 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 2018 the House Price Index for LEICESTER was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £250,000 results in an estimated price of approximately £315,611.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £250,000 | £65,611 | £315,611 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 73.203 % | £183,006 | £433,006 |
| 3 Month Average | 39.157 % | £97,891 | £347,891 |
| 6 Month Average | 35.591 % | £88,977 | £338,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £237,059 | £235,000 | 28 TRAFFORD ROAD |
| 22 Sep 2023 | £288,357 | £282,000 | 49 KING EDWARD ROAD |
| 4 Sep 2023 | £132,930 | £130,000 | 54 TRAFFORD ROAD |
| 21 Nov 2022 | £242,864 | £244,000 | 19 KING EDWARD ROAD |
| 30 May 2022 | £303,918 | £296,000 | 6 COLEMAN ROAD |
This house has a floor area of 119 sq meters or 1,284 sq feet when measured on 6 Oct 2008. Using an estimated price of £315,612 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on TRAFFORD ROAD is 94 sq meters (1,017 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Trafford Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trafford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trafford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trafford Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |