£297,509
This estimated value is based upon the latest sale price for the house of £184,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £184,000 | 6 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 December 2013 the House Price Index for LEICESTER was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £184,000 results in an estimated price of approximately £297,509.
| 6 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £184,000 | £113,509 | £297,509 |
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 | 122.025 % | £224,525 | £408,525 |
| 3 Month Average | 108.576 % | £199,779 | £383,779 |
| 6 Month Average | 101.707 % | £187,140 | £371,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £260,926 | £255,000 | 5 PERKYN ROAD |
| 17 Mar 2023 | £303,061 | £298,000 | 108 WINTERSDALE ROAD |
| 27 Jan 2023 | £301,305 | £300,500 | 44 PERKYN ROAD |
| 28 Oct 2022 | £229,234 | £230,000 | 69 PERKYN ROAD |
| 26 Aug 2022 | £301,409 | £300,000 | 17 SUMMERLEA ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 18 Mar 2015. Using an estimated price of £297,509 means this house is valued at £1,690 per sq meter (£157 per sq foot).
The average size of a house on SUMMERLEA ROAD is 127 sq meters (1,371 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerlea Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Summerlea Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Farm Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Farm Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Farm Road |