£178,214
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 25 Aug 2023 |
| £110,000 | 24 Jul 2015 |
| £29,500 | 31 Mar 2000 |
| £32,000 | 21 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2023 the House Price Index for LEICESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £175,000 results in an estimated price of approximately £178,214.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £175,000 | £3,214 | £178,214 |
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 | -10.722 % | £-18,762 | £156,237 |
| 3 Month Average | 13.957 % | £24,424 | £199,424 |
| 6 Month Average | 5.806 % | £10,160 | £185,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £179,558 | £175,000 | 50 HAWTHORNE STREET |
| 25 Aug 2023 | £178,214 | £175,000 | 4 NOOK STREET |
| 6 Jun 2023 | £180,109 | £176,500 | 6 HAWTHORNE STREET |
| 2 Mar 2023 | £167,802 | £165,000 | 7 INGLE STREET |
| 8 Apr 2022 | £168,062 | £162,000 | 20 HAWTHORNE STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Oct 2014. Using an estimated price of £178,214 means this house is valued at £2,700 per sq meter (£250 per sq foot).
The average size of a house on NOOK STREET is 116 sq meters (1,250 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Nook Street | |
| Sep 2024 | Anti-social behaviour | On or near Nook Street | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nook Street |
| Sep 2024 | Possession of weapons | Under investigation | On or near Hawthorne Street |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorne Street |