£321,706
This estimated value is based upon the latest sale price for the house of £61,000 on 10 Mar 1997. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £61,000 | 10 Mar 1997 |
| £50,000 | 11 Aug 1995 |
| Semi-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 March 1997 the House Price Index for LEICESTER was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £61,000 results in an estimated price of approximately £321,706.
| 10 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 427.388 % | £61,000 | £260,706 | £321,706 |
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 | 411.794 % | £251,194 | £312,194 |
| 3 Month Average | 492.120 % | £300,192 | £361,192 |
| 6 Month Average | 424.622 % | £259,019 | £320,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £417,839 | £405,000 | 52 LETCHWORTH ROAD |
| 4 Aug 2022 | £425,490 | £423,500 | 13 MEADHURST ROAD |
| 19 Nov 2021 | £318,684 | £292,500 | 10 MEADHURST ROAD |
| 14 Sep 2021 | £287,676 | £265,000 | 6 MEADHURST ROAD |
| 15 Jun 2021 | £556,646 | £515,000 | 16 WESTFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadhurst Road |
| Oct 2024 | Other theft | Under investigation | On or near Sunnycroft Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastfield Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |