£254,723
This estimated value is based upon the latest sale price for the house of £118,000 on 23 Jan 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 23 Jan 2004 |
| £50,000 | 27 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2004 the House Price Index for LEICESTER was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £118,000 results in an estimated price of approximately £254,723.
| 23 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £118,000 | £136,723 | £254,723 |
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 | 104.555 % | £123,375 | £241,375 |
| 3 Month Average | 96.632 % | £114,025 | £232,025 |
| 6 Month Average | 109.603 % | £129,331 | £247,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £175,000 | £175,000 | 234 AVENUE ROAD EXTENSION |
| 20 Oct 2023 | £218,625 | £213,660 | 271 AVENUE ROAD EXTENSION |
| 22 Sep 2023 | £209,621 | £205,000 | 221 AVENUE ROAD EXTENSION |
| 15 Jul 2022 | £189,903 | £188,000 | 205 AVENUE ROAD EXTENSION |
| 15 Jul 2022 | £277,783 | £275,000 | 242 CLARENDON PARK ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Feb 2015. Using an estimated price of £254,723 means this house is valued at £3,801 per sq meter (£353 per sq foot).
The average size of a house on AVENUE ROAD EXTENSION is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lytham Road |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leopold Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welford Road |
| Oct 2024 | Drugs | Under investigation | On or near Welford Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Welford Road |