£178,366
This estimated value is based upon the latest sale price for the house of £143,000 on 24 May 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £143,000 | 24 May 2018 |
| £95,500 | 11 Jul 2008 |
| £109,950 | 27 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £143,000 results in an estimated price of approximately £178,366.
| 24 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £143,000 | £35,366 | £178,366 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 31.114 % | £44,492 | £187,492 |
| 3 Month Average | 17.900 % | £25,596 | £168,596 |
| 6 Month Average | 23.741 % | £33,949 | £176,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £110,971 | £110,000 | 2 TELFORD WAY |
| 2 Sep 2022 | £243,037 | £245,000 | 43 DRUMCLIFF ROAD |
| 30 Jun 2022 | £235,833 | £232,500 | 35 DRUMCLIFF ROAD |
| 22 Mar 2022 | £243,522 | £235,000 | 243 THURNCOURT ROAD |
| 8 Oct 2021 | £171,504 | £155,000 | 25 DRUMCLIFF ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 May 2018. Using an estimated price of £178,367 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on DRUMCLIFF ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Drumcliff Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drumcliff Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drumcliff Road |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Drumcliff Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Roborough Green |