£230,860
This estimated value is based upon the latest sale price for the house of £225,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 3 Nov 2023 |
| £115,000 | 21 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2023 the House Price Index for LEICESTER was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £225,000 results in an estimated price of approximately £230,860.
| 3 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £225,000 | £5,860 | £230,860 |
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 | -13.948 % | £-31,383 | £193,616 |
| 3 Month Average | 18.819 % | £42,341 | £267,341 |
| 6 Month Average | 5.721 % | £12,872 | £237,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £172,376 | £168,000 | 15 EQUITY ROAD |
| 3 Nov 2023 | £230,860 | £225,000 | 37 PATON STREET |
| 28 Sep 2023 | £207,065 | £202,500 | 33 PATON STREET |
| 22 Jul 2022 | £122,226 | £121,001 | 31 PATON STREET |
| 10 May 2022 | £241,286 | £235,000 | 39 PATON STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Mar 2018. Using an estimated price of £230,860 means this house is valued at £2,482 per sq meter (£230 per sq foot).
The average size of a house on PATON STREET is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Under investigation | On or near Paton Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Paton Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paton Street |
| Oct 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Paton Street |
| Oct 2024 | Anti-social behaviour | On or near Paton Street |