£205,934
This estimated value is based upon the latest sale price for the house of £169,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £169,000 | 7 Feb 2020 |
| £37,950 | 25 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2020 the House Price Index for LEICESTER was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £169,000 results in an estimated price of approximately £205,934.
| 7 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £169,000 | £36,934 | £205,934 |
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 | 18.119 % | £30,621 | £199,621 |
| 3 Month Average | 17.387 % | £29,384 | £198,384 |
| 6 Month Average | 14.950 % | £25,264 | £194,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £265,898 | £265,000 | 72 FAIRFAX ROAD |
| 30 Nov 2023 | £124,093 | £122,500 | 65 FAIRFAX ROAD |
| 31 Aug 2023 | £150,918 | £150,000 | 50 IRETON ROAD |
| 4 Aug 2023 | £387,356 | £385,000 | 60A NASEBY ROAD |
| 19 Aug 2022 | £188,725 | £190,000 | 42 IRETON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Feb 2020. Using an estimated price of £205,935 means this house is valued at £2,511 per sq meter (£233 per sq foot).
The average size of a house on ESSEX ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Road |
| Mar 2024 | Burglary | Under investigation | On or near Fairfax Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Road |