£178,758
This estimated value is based upon the latest sale price for the house of £140,000 on 26 Sep 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £140,000 | 26 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 September 2017 the House Price Index for LEICESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £140,000 results in an estimated price of approximately £178,758.
| 26 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £140,000 | £38,758 | £178,758 |
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 | 117.681 % | £164,752 | £304,752 |
| 3 Month Average | 61.192 % | £85,668 | £225,668 |
| 6 Month Average | 51.753 % | £72,453 | £212,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £216,657 | £210,000 | 50 FREDERICK ROAD |
| 20 Oct 2023 | £257,856 | £252,000 | 68 GROVE ROAD |
| 20 Jun 2022 | £235,024 | £230,000 | 48 BEAUMONT ROAD |
| 4 Mar 2022 | £251,588 | £241,000 | 53 FREDERICK ROAD |
| 13 Dec 2021 | £215,862 | £200,000 | 80 FREDERICK ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Jun 2017. Using an estimated price of £178,759 means this house is valued at £2,179 per sq meter (£202 per sq foot).
The average size of a house on BEAUMONT ROAD is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Frederick Road | |
| Sep 2024 | Anti-social behaviour | On or near Frederick Road | |
| Aug 2024 | Anti-social behaviour | On or near Frederick Road | |
| Aug 2024 | Anti-social behaviour | On or near Frederick Road | |
| Aug 2024 | Anti-social behaviour | On or near Frederick Road |