£161,305
This estimated value is based upon the latest sale price for the house of £66,000 on 9 Mar 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £66,000 | 9 Mar 2003 |
| £29,500 | 21 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 March 2003 the House Price Index for LEICESTER was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £66,000 results in an estimated price of approximately £161,305.
| 9 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £66,000 | £95,305 | £161,305 |
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 | 223.793 % | £147,703 | £213,703 |
| 3 Month Average | 201.018 % | £132,671 | £198,671 |
| 6 Month Average | 222.862 % | £147,089 | £213,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £159,914 | £155,000 | 24 ARBOUR ROAD |
| 5 Oct 2023 | £332,553 | £325,000 | 71 LEIRE STREET |
| 30 Jun 2023 | £282,665 | £277,000 | 75 ACORN STREET |
| 31 Aug 2022 | £265,240 | £264,000 | 5 ACORN STREET |
| 12 Aug 2022 | £205,963 | £205,000 | 89 ARBOUR ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 Oct 2014. Using an estimated price of £161,305 means this house is valued at £2,560 per sq meter (£237 per sq foot).
The average size of a house on LEIRE STREET is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Arbour Road |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Arbour Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Arbour Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Arbour Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbour Road |