£265,651
This estimated value is based upon the latest sale price for the house of £122,500 on 4 Dec 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£122,500 | 4 Dec 2003 |
£52,000 | 31 Jul 1998 |
£47,000 | 17 Jan 1997 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 2003 the House Price Index for LEICESTER was 68.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 116.858%.Applying this 116.858% change to the original purchase price of £122,500 results in an estimated price of approximately £265,651.
4 Dec 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.0 | 116.858 % | £122,500 | £143,151 | £265,651 |
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 | 112.089 % | £137,308 | £259,808 |
3 Month Average | 98.745 % | £120,962 | £243,462 |
6 Month Average | 112.962 % | £138,378 | £260,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £185,627 | £185,000 | 22 CRADOCK ROAD |
28 Jun 2023 | £236,921 | £235,000 | 20 CRADOCK ROAD |
23 Jun 2023 | £198,610 | £197,000 | 28 OXFORD ROAD |
22 Jun 2023 | £418,392 | £415,000 | 45 HOWARD ROAD |
23 Mar 2023 | £218,682 | £217,500 | 5 CRADOCK ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Mar 2015. Using an estimated price of £265,651 means this house is valued at £3,741 per sq meter (£347 per sq foot).
The average size of a house on OXFORD ROAD is 80 sq meters (862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Road |
Apr 2024 | Anti-social behaviour | On or near Cradock Road | |
Apr 2024 | Anti-social behaviour | On or near Cradock Road | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cradock Road |
Mar 2024 | Drugs | Local resolution | On or near Cradock Road |