£241,488
This estimated value is based upon the latest sale price for the house of £44,950 on 13 Dec 1996. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£44,950 | 13 Dec 1996 |
£42,000 | 26 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 1996 the House Price Index for LEICESTER was 27.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 437.239%.Applying this 437.239% change to the original purchase price of £44,950 results in an estimated price of approximately £241,488.
13 Dec 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 148.0 | 437.239 % | £44,950 | £196,538 | £241,488 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 460.032 % | £206,784 | £251,734 |
3 Month Average | 452.342 % | £203,327 | £248,277 |
6 Month Average | 430.800 % | £193,644 | £238,594 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £290,000 | £290,000 | 117 FAIRFAX ROAD |
3 Nov 2023 | £253,251 | £250,000 | 98 FAIRFAX ROAD |
31 Aug 2023 | £150,918 | £150,000 | 50 IRETON ROAD |
20 Jan 2023 | £193,302 | £195,000 | 119 FAIRFAX ROAD |
19 Aug 2022 | £188,725 | £190,000 | 42 IRETON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 May 2012. Using an estimated price of £241,489 means this house is valued at £3,401 per sq meter (£315 per sq foot).
The average size of a house on IRETON ROAD is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Walcote Road |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Walcote Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walcote Road |