£265,928
This estimated value is based upon the latest sale price for the house of £230,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £230,000 | 11 Dec 2020 |
| £86,500 | 26 Apr 2002 |
| £66,500 | 15 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2020 the House Price Index for LEICESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £230,000 results in an estimated price of approximately £265,928.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £230,000 | £35,928 | £265,928 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 6.888 % | £15,843 | £245,843 |
| 3 Month Average | 25.072 % | £57,665 | £287,665 |
| 6 Month Average | 18.759 % | £43,144 | £273,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £241,206 | £237,500 | 51 TETUAN ROAD |
| 8 Dec 2023 | £159,914 | £155,000 | 96 TETUAN ROAD |
| 29 Jun 2023 | £273,481 | £268,000 | 57 TETUAN ROAD |
| 5 Aug 2022 | £251,174 | £250,000 | 66 HENLEY ROAD |
| 24 Nov 2021 | £272,380 | £250,000 | 8 HENLEY ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Jan 2020. Using an estimated price of £265,928 means this house is valued at £2,508 per sq meter (£233 per sq foot).
The average size of a house on TETUAN ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Tetuan Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tetuan Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tetuan Road |
| Aug 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Tetuan Road |
| Aug 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Tetuan Road |