£218,689
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 29 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2014 the House Price Index for LEICESTER was 98.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 50.820%.Applying this 50.820% change to the original purchase price of £145,000 results in an estimated price of approximately £218,689.
| 29 Aug 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.0 | 50.820 % | £145,000 | £73,689 | £218,689 |
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 | 70.449 % | £102,151 | £247,151 |
| 3 Month Average | 58.071 % | £84,202 | £229,202 |
| 6 Month Average | 54.476 % | £78,990 | £223,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £388,142 | £384,995 | 146 SOMERSET AVENUE |
| 27 Oct 2022 | £413,843 | £419,995 | 144 SOMERSET AVENUE |
| 21 Jul 2022 | £277,625 | £278,000 | 135 JEAN DRIVE |
| 30 Jun 2022 | £328,323 | £324,995 | 75 SOMERSET AVENUE |
| 30 Jun 2022 | £315,189 | £311,995 | 81 SOMERSET AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 Mar 2014. Using an estimated price of £218,690 means this house is valued at £2,513 per sq meter (£233 per sq foot).
The average size of a house on MINSTER CRESCENT is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Minster Crescent |
| Apr 2024 | Burglary | Under investigation | On or near Milverton Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milverton Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milverton Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milverton Avenue |