£286,253
This estimated value is based upon the latest sale price for the house of £270,000 on 12 Jan 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £270,000 | 12 Jan 2022 |
| Terraced |
| Freehold |
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 2022 the House Price Index for LEICESTER was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £270,000 results in an estimated price of approximately £286,253.
| 12 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £270,000 | £16,253 | £286,253 |
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 | 16.452 % | £44,421 | £314,421 |
| 3 Month Average | 14.595 % | £39,406 | £309,406 |
| 6 Month Average | 18.516 % | £49,992 | £319,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £278,560 | £270,000 | 361 GIPSY LANE |
| 22 Sep 2023 | £268,928 | £263,000 | 77 TOMLIN ROAD |
| 2 Sep 2022 | £265,822 | £266,000 | 363 GIPSY LANE |
| 4 Jul 2022 | £200,509 | £198,500 | 13 DUNHOLME ROAD |
| 31 May 2022 | £212,537 | £207,000 | 69 TOMLIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Unable to prosecute suspect | On or near Gipsy Lane |
| May 2024 | Anti-social behaviour | On or near Gipsy Lane | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |
| May 2024 | Anti-social behaviour | On or near Gipsy Lane | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gipsy Lane |