£297,986
This estimated value is based upon the latest sale price for the house of £300,000 on 9 Aug 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £300,000 | 9 Aug 2022 |
| £225,000 | 24 Aug 2018 |
| £225,000 | 24 Aug 2018 |
| £77,100 | 24 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2022 the House Price Index for LEICESTER was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £300,000 results in an estimated price of approximately £297,986.
| 9 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £300,000 | £-2,013 | £297,986 |
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 | -2.924 % | £-8,772 | £291,227 |
| 3 Month Average | -4.525 % | £-13,574 | £286,425 |
| 6 Month Average | -3.451 % | £-10,353 | £289,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £136,011 | £135,000 | 54 CHENEY ROAD |
| 9 Aug 2022 | £297,987 | £300,000 | 4 CHENEY ROAD |
| 28 Feb 2022 | £229,781 | £220,000 | 3 NEWHAM CLOSE |
| 16 Dec 2021 | £576 | £540 | 19 NEWHAM CLOSE |
| 13 Dec 2021 | £176,063 | £165,000 | 16 NEWHAM CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Mar 2018. Using an estimated price of £297,987 means this house is valued at £3,820 per sq meter (£354 per sq foot).
The average size of a house on CHENEY ROAD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Grimston Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanier Drive |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Stanier Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanier Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stanier Drive |