£297,759
This estimated value is based upon the latest sale price for the house of £185,050 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £185,050 | 31 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 January 2014 the House Price Index for LEICESTER was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £185,050 results in an estimated price of approximately £297,759.
| 31 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £185,050 | £112,709 | £297,759 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 103.774 % | £192,034 | £377,084 |
| 3 Month Average | 101.279 % | £187,417 | £372,467 |
| 6 Month Average | 96.110 % | £177,851 | £362,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £302,628 | £300,000 | 12 SCRAPTOFT LANE |
| 31 Jan 2023 | £370,991 | £370,000 | 24 BARBARA AVENUE |
| 9 Sep 2022 | £249,833 | £250,000 | 9 PETERS DRIVE |
| 7 Dec 2021 | £307,603 | £285,000 | 5 PETERS DRIVE |
| 28 Oct 2021 | £334,401 | £300,000 | 3 TREETOPS CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 Sep 2013. Using an estimated price of £297,760 means this house is valued at £3,134 per sq meter (£291 per sq foot).
The average size of a house on PETERS DRIVE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Treetops Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Treetops Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peters Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peters Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crofters Drive |