£280,189
This estimated value is based upon the latest sale price for the house of £225,000 on 15 May 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 15 May 2019 |
| £87,500 | 3 Jul 2000 |
| £50,000 | 1 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2019 the House Price Index for LEICESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £225,000 results in an estimated price of approximately £280,189.
| 15 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £225,000 | £55,189 | £280,189 |
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 | 47.441 % | £106,742 | £331,742 |
| 3 Month Average | 38.464 % | £86,543 | £311,543 |
| 6 Month Average | 30.979 % | £69,702 | £294,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £363,250 | £355,000 | 82 EVINGTON DRIVE |
| 10 Aug 2023 | £392,071 | £385,000 | 102 EVINGTON DRIVE |
| 23 Jun 2023 | £331,646 | £325,000 | 52 MAYFLOWER ROAD |
| 19 Jan 2023 | £350,938 | £350,000 | 31 NORWOOD ROAD |
| 14 Apr 2022 | £337,162 | £325,000 | 16 MAYFLOWER ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 21 Oct 2016. Using an estimated price of £280,190 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on MAYFLOWER ROAD is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayflower Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Road |
| Sep 2024 | Anti-social behaviour | On or near Mayflower Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Road |