£215,344
This estimated value is based upon the latest sale price for the house of £153,500 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£153,500 | 20 Nov 2015 |
£141,500 | 28 Jan 2008 |
£120,000 | 18 Nov 2005 |
£45,000 | 24 Sep 1999 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 November 2015 the House Price Index for LEICESTER was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £153,500 results in an estimated price of approximately £215,344.
20 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £153,500 | £61,844 | £215,344 |
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 | 90.472 % | £138,874 | £292,374 |
3 Month Average | 69.205 % | £106,230 | £259,730 |
6 Month Average | 77.412 % | £118,826 | £272,326 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £277,032 | £270,000 | 42 GIPSY ROAD |
5 May 2022 | £266,955 | £260,000 | 14 MARFITT STREET |
9 Sep 2021 | £314,815 | £290,000 | 66 GIPSY ROAD |
18 Jun 2021 | £242,114 | £224,000 | 30 MARFITT STREET |
21 Jan 2020 | £301,042 | £245,000 | 40 GIPSY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 5 Sep 2015. Using an estimated price of £215,344 means this house is valued at £2,290 per sq meter (£212 per sq foot).
The average size of a house on MARFITT STREET is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marfitt Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marfitt Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marfitt Street |
Jul 2024 | Possession of weapons | Under investigation | On or near St Michaels Avenue |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Michaels Avenue |