£229,542
This estimated value is based upon the latest sale price for the house of £200,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £200,000 | 4 Dec 2020 |
| £134,500 | 27 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2020 the House Price Index for LEICESTER was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £200,000 results in an estimated price of approximately £229,542.
| 4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £200,000 | £29,542 | £229,542 |
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 | 1.490 % | £2,980 | £202,980 |
| 3 Month Average | 5.107 % | £10,214 | £210,214 |
| 6 Month Average | 8.270 % | £16,540 | £216,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £151,324 | £150,000 | 62 CAMPION WALK |
| 14 Jul 2023 | £312,202 | £308,000 | 3 MILTON CRESCENT |
| 10 Jul 2023 | £253,411 | £250,000 | 21 NORRIS CLOSE |
| 21 Jun 2023 | £263,188 | £260,000 | 3 AUDEN CLOSE |
| 12 Jun 2023 | £253,065 | £250,000 | 5 BEAUMONT WALK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Mar 2015. Using an estimated price of £229,543 means this house is valued at £3,060 per sq meter (£284 per sq foot).
The average size of a house on EMERSON CLOSE is 127 sq meters (1,375 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Emerson Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Emerson Close |
| Mar 2024 | Anti-social behaviour | On or near Kipling Grove | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kipling Grove |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Calver Hey Road |