£259,033
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £240,000 | 22 Dec 2021 |
| £129,000 | 28 Jan 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2021 the House Price Index for LEICESTER was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £240,000 results in an estimated price of approximately £259,033.
| 22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £240,000 | £19,033 | £259,033 |
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 | 15.028 % | £36,066 | £276,066 |
| 3 Month Average | 20.702 % | £49,685 | £289,685 |
| 6 Month Average | 19.669 % | £47,205 | £287,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £306,529 | £301,000 | 15 BRANCASTER CLOSE |
| 28 Apr 2023 | £290,432 | £285,000 | 10 CHELTENHAM ROAD |
| 27 Mar 2023 | £316,282 | £311,000 | 67 BROOMFIELD CRESCENT |
| 3 Mar 2023 | £303,061 | £298,000 | 68 HEACHAM DRIVE |
| 4 Nov 2022 | £308,557 | £310,000 | 29 CHELTENHAM ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Sep 2020. Using an estimated price of £259,034 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on CHELTENHAM ROAD is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Road |
| Jun 2024 | Anti-social behaviour | On or near Beckington Lane | |
| Jun 2024 | Anti-social behaviour | On or near Beckington Lane | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rossett Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heacham Drive |