£232,001
This estimated value is based upon the latest sale price for the house of £186,000 on 22 May 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£186,000 | 22 May 2018 |
£119,000 | 21 May 2013 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 May 2018 the House Price Index for LEICESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £186,000 results in an estimated price of approximately £232,001.
22 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £186,000 | £46,001 | £232,001 |
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 | 24.860 % | £46,239 | £232,239 |
3 Month Average | 27.794 % | £51,696 | £237,696 |
6 Month Average | 29.824 % | £55,472 | £241,472 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £227,759 | £225,000 | 57 ST MICHAELS AVENUE |
21 Apr 2023 | £285,069 | £282,000 | 88 LANCASHIRE STREET |
11 Mar 2022 | £227,978 | £220,000 | 14 LANCASHIRE STREET |
30 Oct 2020 | £258,078 | £220,000 | 54 LANCASHIRE STREET |
28 Feb 2020 | £275,285 | £225,000 | 69 LANCASHIRE STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 Aug 2013. Using an estimated price of £232,001 means this house is valued at £2,494 per sq meter (£231 per sq foot).
The average size of a house on LANCASHIRE STREET is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancashire Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lancashire Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancashire Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancashire Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michaels Avenue |