£276,877
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 16 Aug 2019 |
| £190,000 | 22 Dec 2015 |
| £156,500 | 26 Sep 2008 |
| £129,500 | 6 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in August 2019 the House Price Index for LEICESTERSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £225,000 results in an estimated price of approximately £276,877.
| 16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £225,000 | £51,877 | £276,877 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 19.115 % | £43,008 | £268,008 |
| 3 Month Average | 19.133 % | £43,049 | £268,049 |
| 6 Month Average | 26.780 % | £60,254 | £285,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £254,452 | £250,000 | 8 ALBERT STREET |
| 8 Dec 2023 | £335,877 | £330,000 | 2 VICTORIA ROAD |
| 8 Sep 2023 | £177,267 | £175,000 | 18 PAGET ROAD |
| 31 Mar 2023 | £182,721 | £181,000 | 10 FLATTS CLOSE |
| 2 Mar 2023 | £221,083 | £219,000 | 9 JACQUES STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Jun 2019. Using an estimated price of £276,877 means this house is valued at £2,768 per sq meter (£257 per sq foot).
The average size of a house on PAGET ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christopher Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Flatts Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flatts Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Albert Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albert Street |