£403,288
This estimated value is based upon the latest sale price for the house of £220,000 on 26 Aug 2005. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 26 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in August 2005 the House Price Index for LEICESTERSHIRE was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £220,000 results in an estimated price of approximately £403,288.
| 26 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £220,000 | £183,288 | £403,288 |
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 | 58.109 % | £127,839 | £347,839 |
| 3 Month Average | 62.394 % | £137,267 | £357,267 |
| 6 Month Average | 76.873 % | £169,119 | £389,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £141,475 | £139,000 | 25 SHIPMAN ROAD |
| 3 Nov 2023 | £123,833 | £122,000 | FLAT 5 WATERGATE COURT WATERGATE LANE |
| 31 Jul 2023 | £126,705 | £125,000 | FLAT 6 WATERGATE COURT WATERGATE LANE |
| 23 Jun 2023 | £194,354 | £192,000 | 9 RISEHOLME CLOSE |
| 26 Jan 2023 | £258,781 | £260,000 | 1 SHIPMAN ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Aug 2012. Using an estimated price of £403,288 means this house is valued at £3,769 per sq meter (£350 per sq foot).
The average size of a house on SOUTHSIDE ROAD is 119 sq meters (1,281 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southside Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Riseholme Close |
| Feb 2024 | Burglary | Under investigation | On or near Shipman Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shipman Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cairns Close |