£140,870
This estimated value is based upon the latest sale price for the house of £66,000 on 19 Feb 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £66,000 | 19 Feb 2004 |
| Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in February 2004 the House Price Index for LEICESTERSHIRE was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £66,000 results in an estimated price of approximately £140,870.
| 19 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £66,000 | £74,870 | £140,870 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 96.056 % | £63,396 | £129,396 |
| 3 Month Average | 94.903 % | £62,636 | £128,636 |
| 6 Month Average | 92.892 % | £61,308 | £127,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £180,000 | £180,000 | 2 FREDERICK AVENUE |
| 29 Mar 2024 | £132,028 | £130,000 | 28 FERNESS ROAD |
| 23 Oct 2023 | £214,880 | £210,000 | 67 WYKIN ROAD |
| 20 Oct 2023 | £179,067 | £175,000 | 105A WYKIN ROAD |
| 20 Feb 2023 | £195,305 | £194,000 | 34 PRESTON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 5 Dec 2019. Using an estimated price of £140,870 means this house is valued at £2,471 per sq meter (£229 per sq foot).
The average size of a house on PRESTON ROAD is 85 sq meters (915 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Preston Road |
| Aug 2024 | Other theft | Under investigation | On or near Preston Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Preston Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Frederick Avenue |
| Jul 2024 | Public order | Under investigation | On or near Frederick Avenue |