£62,701
This estimated value is based upon the latest sale price for the house of £28,000 on 13 Oct 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £28,000 | 13 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 October 2003 the House Price Index for LEICESTER was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £28,000 results in an estimated price of approximately £62,701.
| 13 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £28,000 | £34,701 | £62,701 |
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 | 118.517 % | £33,184 | £61,184 |
| 3 Month Average | 127.379 % | £35,666 | £63,666 |
| 6 Month Average | 144.144 % | £40,360 | £68,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £40,518 | £40,000 | 62 - 64 BELGRAVE ROAD |
| 1 Mar 2023 | £224,111 | £222,000 | 66 DORSET STREET |
| 24 Nov 2022 | £247,008 | £250,000 | 10 WESTBOURNE STREET |
| 22 Aug 2022 | £217,415 | £218,000 | 20 DORSET STREET |
| 29 Jul 2022 | £265,715 | £265,000 | 36 OLPHIN STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 7 Jun 2018. Using an estimated price of £62,701 means this house is valued at £633 per sq meter (£58 per sq foot).
The average size of a house on DONALDSON ROAD is 123 sq meters (1,325 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).