£211,609
This estimated value is based upon the latest sale price for the house of £142,500 on 13 Mar 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£142,500 | 13 Mar 2015 |
£133,500 | 12 Feb 2004 |
£77,500 | 15 Mar 2002 |
£59,950 | 14 Dec 2001 |
£35,000 | 23 Oct 1997 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 March 2015 the House Price Index for LEICESTER was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £142,500 results in an estimated price of approximately £211,609.
13 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £142,500 | £69,109 | £211,609 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 79.358 % | £113,084 | £255,584 |
3 Month Average | 86.935 % | £123,883 | £266,383 |
6 Month Average | 62.853 % | £89,565 | £232,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £194,283 | £190,000 | 25 EASTLEIGH ROAD |
26 Apr 2023 | £249,670 | £245,000 | 27 WALTON STREET |
28 Feb 2023 | £194,298 | £193,000 | 9 WALTON STREET |
14 Feb 2023 | £182,217 | £181,000 | 15 IVY ROAD |
5 Oct 2022 | £573,086 | £575,000 | 24 WALTON STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 May 2014. Using an estimated price of £211,610 means this house is valued at £2,116 per sq meter (£196 per sq foot).
The average size of a house on WALTON STREET is 87 sq meters (938 sq feet).