£144,503
This estimated value is based upon the latest sale price for the house of £115,000 on 10 May 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 10 May 2018 |
| £115,000 | 8 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2018 the House Price Index for LEICESTER was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £115,000 results in an estimated price of approximately £144,503.
| 10 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £115,000 | £29,503 | £144,503 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 82.326 % | £94,674 | £209,674 |
| 3 Month Average | 40.825 % | £46,948 | £161,948 |
| 6 Month Average | 33.874 % | £38,955 | £153,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £236,744 | £232,000 | 11 OAKLEY ROAD |
| 12 Jun 2023 | £265,317 | £260,000 | 52 OAKLEY ROAD |
| 6 May 2022 | £261,821 | £255,000 | 31 OAKLEY ROAD |
| 6 Apr 2022 | £51,871 | £50,000 | 57B UPPINGHAM ROAD |
| 26 Jan 2022 | £255,508 | £241,000 | 62 OAKLEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Nov 2013. Using an estimated price of £144,504 means this house is valued at £1,852 per sq meter (£172 per sq foot).
The average size of a house on MEYNELL ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakley Road |
| Sep 2024 | Anti-social behaviour | On or near Oakley Road | |
| Sep 2024 | Anti-social behaviour | On or near Oakley Road | |
| Aug 2024 | Anti-social behaviour | On or near Oakley Road | |
| Aug 2024 | Anti-social behaviour | On or near Oakley Road |