£134,371
This estimated value is based upon the latest sale price for the house of £135,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£135,000 | 25 Nov 2022 |
£124,000 | 4 May 2016 |
£117,000 | 30 Sep 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 615 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 November 2022 the House Price Index for LEICESTER was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £135,000 results in an estimated price of approximately £134,371.
25 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £135,000 | £-628 | £134,371 |
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 | 4.288 % | £5,788 | £140,788 |
3 Month Average | -0.509 % | £-687 | £134,312 |
6 Month Average | 3.448 % | £4,654 | £139,654 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £147,246 | £144,000 | FLAT 12 50 PAVILION CLOSE |
25 Nov 2022 | £134,372 | £135,000 | FLAT 12 25 PAVILION CLOSE |
18 Aug 2022 | £160,752 | £160,000 | FLAT 2 30 PAVILION CLOSE |
21 Jan 2022 | £159,030 | £150,000 | FLAT 23 50 PAVILION CLOSE |
30 Sep 2021 | £4,342,277 | £4,000,000 | POWERGEN RAW DYKES ROAD |
This house has a floor area of 57 sq meters or 615 sq feet when measured on 27 May 2010. Using an estimated price of £134,372 means this house is valued at £2,349 per sq meter (£218 per sq foot).
The average size of a house on PAVILION CLOSE is 58 sq meters (625 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |