£309,510
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£300,000 | 18 Dec 2023 |
£180,000 | 24 Jul 2017 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 December 2023 the House Price Index for LEICESTER was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £300,000 results in an estimated price of approximately £309,510.
18 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £300,000 | £9,510 | £309,510 |
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 | 78.083 % | £234,248 | £534,248 |
3 Month Average | 11.754 % | £35,261 | £335,261 |
6 Month Average | 2.372 % | £7,117 | £307,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £237,291 | £230,000 | 5 CROFT AVENUE |
18 Dec 2023 | £309,511 | £300,000 | 34 SANVEY LANE |
18 Dec 2023 | £242,450 | £235,000 | 1 SANVEY CLOSE |
11 Aug 2023 | £193,490 | £190,000 | 3 EARL RUSSELL STREET |
4 Aug 2023 | £234,224 | £230,000 | 30 SANVEY LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 27 May 2019. Using an estimated price of £309,511 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on SANVEY LANE is 94 sq meters (1,013 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Logan Avenue | |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Logan Avenue |
Jul 2024 | Shoplifting | Under investigation | On or near Croft Avenue |
Jul 2024 | Shoplifting | Under investigation | On or near Croft Avenue |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Croft Avenue |