£111,805
This estimated value is based upon the latest sale price for the house of £90,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £90,000 | 31 May 2018 |
| £75,000 | 28 May 2004 |
| £75,000 | 28 May 2004 |
| £32,000 | 19 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 39 sq meters or 419 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 May 2018 the House Price Index for LEICESTER was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £90,000 results in an estimated price of approximately £111,805.
| 31 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £90,000 | £21,805 | £111,805 |
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 | 33.589 % | £30,230 | £120,230 |
| 3 Month Average | 29.225 % | £26,302 | £116,302 |
| 6 Month Average | 25.645 % | £23,080 | £113,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £60,780 | £60,000 | 14 LONGHURST CLOSE |
| 5 Jul 2023 | £277,626 | £275,000 | 27 NICKLAUS ROAD |
| 14 Apr 2022 | £278,974 | £272,000 | 63 NICKLAUS ROAD |
| 25 Mar 2022 | £340,070 | £329,500 | 1 LYLE CLOSE |
| 14 Mar 2022 | £57,796 | £56,000 | 24 LONGHURST CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 22 Jul 2017. Using an estimated price of £111,805 means this house is valued at £2,866 per sq meter (£266 per sq foot).
The average size of a house on LONGHURST CLOSE is 43 sq meters (470 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longhurst Close |
| Apr 2024 | Drugs | Under investigation | On or near Nicklaus Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Nicklaus Road |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Nicklaus Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |