£247,920
This estimated value is based upon the latest sale price for the house of £199,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £199,000 | 18 Apr 2019 |
| £33,000 | 26 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 892 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 2019 the House Price Index for LEICESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £199,000 results in an estimated price of approximately £247,920.
| 18 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £199,000 | £48,920 | £247,920 |
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 | 51.749 % | £102,980 | £301,980 |
| 3 Month Average | 35.773 % | £71,188 | £270,188 |
| 6 Month Average | 31.179 % | £62,045 | £261,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £216,657 | £210,000 | 50 FREDERICK ROAD |
| 20 Oct 2023 | £257,856 | £252,000 | 68 GROVE ROAD |
| 20 Jun 2022 | £235,024 | £230,000 | 48 BEAUMONT ROAD |
| 4 Mar 2022 | £251,588 | £241,000 | 53 FREDERICK ROAD |
| 13 Dec 2021 | £215,862 | £200,000 | 80 FREDERICK ROAD |
This house has a floor area of 82 sq meters or 892 sq feet when measured on 17 May 2011. Using an estimated price of £247,921 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on FREDERICK ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Frederick Road | |
| Sep 2024 | Anti-social behaviour | On or near Frederick Road | |
| Aug 2024 | Anti-social behaviour | On or near Frederick Road | |
| Aug 2024 | Anti-social behaviour | On or near Frederick Road | |
| Aug 2024 | Anti-social behaviour | On or near Frederick Road |