£200,538
This estimated value is based upon the latest sale price for the house of £90,000 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 14 Nov 2003 |
| £35,000 | 26 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 November 2003 the House Price Index for LEICESTER was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £90,000 results in an estimated price of approximately £200,538.
| 14 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £90,000 | £110,538 | £200,538 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 105.570 % | £95,013 | £185,013 |
| 3 Month Average | 101.444 % | £91,299 | £181,299 |
| 6 Month Average | 116.722 % | £105,049 | £195,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2024 | £170,000 | £170,000 | 15 HOLLAND ROAD |
| 18 Mar 2024 | £380,851 | £375,000 | 54 MELBOURNE STREET |
| 15 Mar 2024 | £322,962 | £318,000 | 22 MELBOURNE STREET |
| 10 Aug 2023 | £224,041 | £220,000 | 6 HOLLAND ROAD |
| 5 Jun 2023 | £224,499 | £220,000 | 43 CECIL ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 16 Aug 2016. Using an estimated price of £200,538 means this house is valued at £1,392 per sq meter (£129 per sq foot).
The average size of a house on MELBOURNE STREET is 139 sq meters (1,502 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Maynard Road | |
| Sep 2024 | Anti-social behaviour | On or near Maynard Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Street |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Melbourne Street |