£213,857
This estimated value is based upon the latest sale price for the house of £212,000 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Averil Road
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| Price Paid | Date |
|---|---|
| £212,000 | 5 Apr 2024 |
| £112,000 | 8 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 794 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 April 2024 the House Price Index for LEICESTER was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £212,000 results in an estimated price of approximately £213,857.
| 5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £212,000 | £1,857 | £213,857 |
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 | 39.059 % | £82,805 | £294,805 |
| 3 Month Average | 19.445 % | £41,222 | £253,222 |
| 6 Month Average | 8.190 % | £17,361 | £229,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2024 | £283,000 | £283,000 | 17 COLCHESTER ROAD |
| 5 Apr 2024 | £213,857 | £212,000 | 33 AVERIL ROAD |
| 13 Jun 2023 | £372,464 | £365,000 | 33 COLCHESTER ROAD |
| 28 Feb 2023 | £342,286 | £340,000 | 11 COLCHESTER ROAD |
| 22 Jul 2022 | £303,036 | £300,000 | 83 OCEAN ROAD |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 9 Nov 2009. Using an estimated price of £213,857 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on AVERIL ROAD is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Averil Road |
| Oct 2024 | Other crime | Under investigation | On or near Averil Road |
| Sep 2024 | Burglary | Under investigation | On or near Averil Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glendower Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glendower Close |