£238,323
This estimated value is based upon the latest sale price for the house of £231,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £231,000 | 1 Dec 2023 |
| £170,000 | 10 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 December 2023 the House Price Index for LEICESTER was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £231,000 results in an estimated price of approximately £238,323.
| 1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £231,000 | £7,323 | £238,323 |
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 | 68.176 % | £157,486 | £388,486 |
| 3 Month Average | 2.014 % | £4,652 | £235,652 |
| 6 Month Average | 4.693 % | £10,840 | £241,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £238,323 | £231,000 | 45 LOTHAIR ROAD |
| 29 Sep 2023 | £173,832 | £170,000 | 32 LOTHAIR ROAD |
| 28 Mar 2023 | £244,076 | £240,000 | 276 AYLESTONE ROAD |
| 17 Oct 2022 | £239,201 | £240,000 | 21 RICHMOND CLOSE |
| 20 Apr 2022 | £186,736 | £180,000 | 13 HUGHENDEN DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Sep 2019. Using an estimated price of £238,323 means this house is valued at £3,310 per sq meter (£307 per sq foot).
The average size of a house on LOTHAIR ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brooksby Street |
| Sep 2024 | Anti-social behaviour | On or near Brooksby Street | |
| Sep 2024 | Anti-social behaviour | On or near Brooksby Street | |
| Sep 2024 | Anti-social behaviour | On or near Brooksby Street | |
| Sep 2024 | Anti-social behaviour | On or near Brooksby Street |