£154,677
This estimated value is based upon the latest sale price for the house of £117,500 on 20 Jan 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £117,500 | 20 Jan 2017 |
| £54,500 | 24 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 January 2017 the House Price Index for LEICESTER was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £117,500 results in an estimated price of approximately £154,677.
| 20 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £117,500 | £37,177 | £154,677 |
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 | 18.747 % | £22,027 | £139,527 |
| 3 Month Average | 53.023 % | £62,301 | £179,801 |
| 6 Month Average | 62.647 % | £73,610 | £191,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £214,294 | £210,000 | 46 PEVEREL ROAD |
| 19 Jul 2022 | £198,994 | £197,000 | 24 ARDERN TERRACE |
| 7 Jan 2022 | £170,692 | £161,000 | 132 HALLAM CRESCENT EAST |
| 30 Jun 2021 | £232,386 | £215,000 | 15 ARDERN TERRACE |
| 4 Jun 2021 | £189,152 | £175,000 | 34 ARDERN TERRACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 4 May 2016. Using an estimated price of £154,677 means this house is valued at £2,577 per sq meter (£239 per sq foot).
The average size of a house on ARDERN TERRACE is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Ardern Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Ardern Terrace | |
| Aug 2024 | Robbery | Under investigation | On or near Ardern Terrace |
| Jul 2024 | Drugs | Local resolution | On or near Burnell Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Burnell Road |