£120,222
This estimated value is based upon the latest sale price for the house of £98,000 on 4 Dec 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £98,000 | 4 Dec 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for LEICESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £98,000 results in an estimated price of approximately £120,222.
| 4 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £98,000 | £22,222 | £120,222 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 19.835 % | £19,438 | £117,438 |
| 3 Month Average | 9.233 % | £9,048 | £107,048 |
| 6 Month Average | 19.208 % | £18,823 | £116,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £121,637 | £120,000 | FLAT 26 REGENCY COURT, 120 - 128 HINCKLEY ROAD |
| 23 Aug 2022 | £244,342 | £245,000 | 1 STRETTON ROAD |
| 17 Mar 2022 | £227,978 | £220,000 | 21 STRETTON ROAD |
| 9 Mar 2022 | £259,066 | £250,000 | 47 STRETTON ROAD |
| 25 Jun 2021 | £257,502 | £240,000 | 49 STRETTON ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Jun 2019. Using an estimated price of £120,223 means this house is valued at £1,970 per sq meter (£183 per sq foot).
The average size of a house on STRETTON ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Road |
| Mar 2024 | Anti-social behaviour | On or near Stretton Road | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Stretton Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stretton Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stretton Road |