£203,873
This estimated value is based upon the latest sale price for the house of £118,000 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£118,000 | 24 Feb 2012 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,153 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 February 2012 the House Price Index for LEICESTER was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £118,000 results in an estimated price of approximately £203,873.
24 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £118,000 | £85,873 | £203,873 |
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 | 119.066 % | £140,497 | £258,497 |
3 Month Average | 95.399 % | £112,571 | £230,571 |
6 Month Average | 100.169 % | £118,199 | £236,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £243,694 | £239,950 | 83 BLAKESLEY WALK |
13 Dec 2023 | £187,770 | £182,000 | 79 SCALPAY CLOSE |
10 Nov 2023 | £220,600 | £215,000 | 34 ORONSAY ROAD |
23 Feb 2023 | £239,097 | £237,500 | 17 CORNWALLIS AVENUE |
15 Jul 2022 | £263,642 | £261,000 | 6 BAXTERS CLOSE |
This house has a floor area of 107 sq meters or 1,153 sq feet when measured on 13 Jul 2010. Using an estimated price of £203,873 means this house is valued at £1,901 per sq meter (£176 per sq foot).
The average size of a house on SOMERFIELD WALK is 99 sq meters (1,065 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shaeffer Court |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Shaeffer Court |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Shaeffer Court |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Baxters Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Baxters Close |