£173,044
This estimated value is based upon the latest sale price for the house of £129,000 on 4 Jul 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £129,000 | 4 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2016 the House Price Index for LEICESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £129,000 results in an estimated price of approximately £173,044.
| 4 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £129,000 | £44,044 | £173,044 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 60.348 % | £77,848 | £206,848 |
| 3 Month Average | 34.428 % | £44,411 | £173,411 |
| 6 Month Average | 48.862 % | £63,031 | £192,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £184,840 | £182,000 | 22 MILLIGAN ROAD |
| 18 Mar 2024 | £152,341 | £150,000 | 16 MILLIGAN ROAD |
| 8 Dec 2023 | £174,358 | £169,000 | 51 VERNON ROAD |
| 31 Aug 2023 | £178,214 | £175,000 | 44 MILLIGAN ROAD |
| 29 Aug 2023 | £179,233 | £176,000 | 65 VERNON ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Mar 2016. Using an estimated price of £173,045 means this house is valued at £1,765 per sq meter (£164 per sq foot).
The average size of a house on MILLIGAN ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Denmark Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Denmark Road |
| Jul 2024 | Anti-social behaviour | On or near Denmark Road | |
| Jul 2024 | Anti-social behaviour | On or near Denmark Road | |
| Jul 2024 | Anti-social behaviour | On or near Denmark Road |