£523,345
This estimated value is based upon the latest sale price for the house of £420,000 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £420,000 | 15 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2018 the House Price Index for LEICESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £420,000 results in an estimated price of approximately £523,345.
| 15 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £420,000 | £103,345 | £523,345 |
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 | 38.645 % | £162,310 | £582,310 |
| 3 Month Average | 23.282 % | £97,785 | £517,785 |
| 6 Month Average | 28.973 % | £121,687 | £541,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £622,565 | £613,000 | 24 SHIRLEY AVENUE |
| 3 Nov 2023 | £384,767 | £375,000 | 51 SOUTH KNIGHTON ROAD |
| 26 Oct 2023 | £480,923 | £470,000 | 26 BERESFORD DRIVE |
| 20 Oct 2023 | £588,363 | £575,000 | 63 SOUTH KNIGHTON ROAD |
| 27 Jun 2023 | £571,452 | £560,000 | 47 SHIRLEY AVENUE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 3 Mar 2018. Using an estimated price of £523,345 means this house is valued at £3,250 per sq meter (£301 per sq foot).
The average size of a house on SHIRLEY AVENUE is 129 sq meters (1,392 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Beresford Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shirley Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near South Knighton Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Knighton Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Holbrook Road |