£449,646
This estimated value is based upon the latest sale price for the house of £80,000 on 31 Jan 1995. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 31 Jan 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for LEICESTER was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £80,000 results in an estimated price of approximately £449,646.
| 31 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.059 % | £80,000 | £369,646 | £449,646 |
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 | 374.264 % | £299,411 | £379,411 |
| 3 Month Average | 367.545 % | £294,036 | £374,036 |
| 6 Month Average | 387.501 % | £310,000 | £390,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £641,278 | £625,000 | 1 SPRINGFIELD ROAD |
| 25 Oct 2023 | £542,317 | £530,000 | 11 AVENUE GARDENS |
| 25 Oct 2023 | £434,877 | £425,000 | 42 AVENUE ROAD |
| 25 Oct 2023 | £419,528 | £410,000 | 27 AVENUE ROAD |
| 1 Jun 2023 | £627,577 | £615,000 | 39 SPRINGFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Burlington Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burlington Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Burlington Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Burlington Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Burlington Road |