£314,863
This estimated value is based upon the latest sale price for the house of £260,000 on 3 Jun 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £260,000 | 3 Jun 2020 |
| £140,000 | 6 Jun 2014 |
| £100,000 | 27 Feb 2004 |
| £37,000 | 9 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2020 the House Price Index for LEICESTER was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £260,000 results in an estimated price of approximately £314,863.
| 3 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £260,000 | £54,863 | £314,863 |
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 | 97.868 % | £254,455 | £514,455 |
| 3 Month Average | 18.623 % | £48,419 | £308,419 |
| 6 Month Average | 22.957 % | £59,687 | £319,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £274,808 | £270,000 | 361 GIPSY LANE |
| 31 Aug 2023 | £151,324 | £150,000 | 50 IRETON ROAD |
| 2 Sep 2022 | £263,869 | £266,000 | 363 GIPSY LANE |
| 19 Aug 2022 | £189,490 | £190,000 | 42 IRETON ROAD |
| 29 Jul 2022 | £216,583 | £216,000 | 98 HAMPDEN ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 31 Mar 2015. Using an estimated price of £314,864 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on GIPSY LANE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gipsy Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gipsy Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gipsy Lane |