£131,142
This estimated value is based upon the latest sale price for the house of £35,000 on 28 Jul 2000. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Welland Street
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| Price Paid | Date |
|---|---|
| £35,000 | 28 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 July 2000 the House Price Index for LEICESTER was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £35,000 results in an estimated price of approximately £131,142.
| 28 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £35,000 | £96,142 | £131,142 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 290.441 % | £101,654 | £136,654 |
| 3 Month Average | 284.892 % | £99,712 | £134,712 |
| 6 Month Average | 303.895 % | £106,363 | £141,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £302,683 | £295,000 | 49 SEVERN STREET |
| 8 Nov 2023 | £246,251 | £240,000 | 13 MEDWAY STREET |
| 15 Sep 2023 | £230,072 | £225,000 | 13 ST PETERS ROAD |
| 5 Jun 2023 | £612,270 | £600,000 | ONE CENTRE HIGHFIELDS, 45 UPPER TICHBORNE STREET |
| 19 Jan 2023 | £263,705 | £263,000 | 6 WELLAND STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 11 Aug 2016. Using an estimated price of £131,143 means this house is valued at £1,351 per sq meter (£125 per sq foot).
The average size of a house on WELLAND STREET is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Welland Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Street |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Welland Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welland Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welland Street |