£491,155
This estimated value is based upon the latest sale price for the house of £480,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £480,000 | 13 Oct 2023 |
| £340,000 | 20 Jun 2008 |
| Terraced |
| Freehold |
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 October 2023 the House Price Index for LEICESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £480,000 results in an estimated price of approximately £491,155.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £480,000 | £11,155 | £491,155 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 15.303 % | £73,455 | £553,455 |
| 3 Month Average | 10.917 % | £52,402 | £532,402 |
| 6 Month Average | 4.165 % | £19,991 | £499,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £414,744 | £402,000 | 21 BERESFORD DRIVE |
| 13 Oct 2023 | £491,155 | £480,000 | 37 RIDGWAY ROAD |
| 4 Oct 2023 | £429,761 | £420,000 | 115 SOUTH KNIGHTON ROAD |
| 7 Aug 2023 | £534,643 | £525,000 | 66 ELMS ROAD |
| 2 Jun 2023 | £367,362 | £360,000 | 118 SOUTH KNIGHTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgway Road |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Beresford Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidney Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near South Knighton Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Knighton Road |