£189,500
This estimated value is based upon the latest sale price for the house of £39,950 on 29 May 1998. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£39,950 | 29 May 1998 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 May 1998 the House Price Index for LEICESTER was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £39,950 results in an estimated price of approximately £189,500.
29 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 149.7 | 374.343 % | £39,950 | £149,550 | £189,500 |
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 | 531.495 % | £212,332 | £252,282 |
3 Month Average | 482.119 % | £192,606 | £232,556 |
6 Month Average | 488.927 % | £195,326 | £235,276 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £159,914 | £155,000 | 24 ARBOUR ROAD |
7 Dec 2023 | £265,147 | £257,000 | 59 ACORN STREET |
5 Oct 2023 | £332,553 | £325,000 | 71 LEIRE STREET |
1 Sep 2023 | £270,973 | £265,000 | 51 ACORN STREET |
30 Jun 2023 | £282,665 | £277,000 | 75 ACORN STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 24 Dec 2021. Using an estimated price of £189,500 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on LEIRE STREET is 75 sq meters (812 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Local resolution | On or near Arbour Road |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Arbour Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Arbour Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Arbour Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbour Road |