£171,496
This estimated value is based upon the latest sale price for the house of £73,000 on 27 Jun 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £73,000 | 27 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2003 the House Price Index for LEICESTER was 63.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 134.927%.Applying this 134.927% change to the original purchase price of £73,000 results in an estimated price of approximately £171,496.
| 27 Jun 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.0 | 134.927 % | £73,000 | £98,496 | £171,496 |
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 | 142.105 % | £103,736 | £176,736 |
| 3 Month Average | 149.531 % | £109,157 | £182,157 |
| 6 Month Average | 160.885 % | £117,446 | £190,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £213,733 | £212,000 | 3 NEWBIGGIN PLACE |
| 16 Mar 2023 | £231,250 | £230,000 | 40 BISHOPDALE ROAD |
| 24 May 2022 | £199,973 | £197,000 | 22 DUNIRE CLOSE |
| 25 Feb 2022 | £139,958 | £134,000 | FLAT 3 17 NEWBIGGIN PLACE |
| 19 Oct 2021 | £143,261 | £130,000 | FLAT 3 15 NEWBIGGIN PLACE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 13 Oct 2021. Using an estimated price of £171,497 means this house is valued at £1,617 per sq meter (£150 per sq foot).
The average size of a house on BISHOPDALE ROAD is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Bishopdale Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishopdale Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strasbourg Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Strasbourg Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strasbourg Drive |