£346,192
This estimated value is based upon the latest sale price for the house of £186,150 on 20 Jun 2005. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £186,150 | 20 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 June 2005 the House Price Index for LEICESTER was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £186,150 results in an estimated price of approximately £346,192.
| 20 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £186,150 | £160,042 | £346,192 |
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 | 66.269 % | £123,360 | £309,510 |
| 3 Month Average | 70.526 % | £131,283 | £317,433 |
| 6 Month Average | 81.871 % | £152,402 | £338,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £131,542 | £127,500 | APARTMENT 36 19 WATKIN ROAD |
| 29 Sep 2023 | £204,508 | £200,000 | APARTMENT 31 31 WATKIN ROAD |
| 10 Feb 2023 | £116,780 | £116,000 | 16 WOODFORD ROAD |
| 24 Jun 2022 | £141,014 | £138,000 | APARTMENT 3 21 WATKIN ROAD |
| 24 Jun 2022 | £145,102 | £142,000 | APARTMENT 2 21 WATKIN ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Sep 2012. Using an estimated price of £346,192 means this house is valued at £4,678 per sq meter (£434 per sq foot).
The average size of a house on WATKIN ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodford Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodford Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodford Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodford Road |
| Aug 2024 | Drugs | Under investigation | On or near Woodford Road |