£166,233
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Sep 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £140,000 | 16 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 September 2020 the House Price Index for LEICESTER was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £140,000 results in an estimated price of approximately £166,233.
| 16 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £140,000 | £26,233 | £166,233 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 18.150 % | £25,409 | £165,409 |
| 3 Month Average | 10.162 % | £14,226 | £154,226 |
| 6 Month Average | 18.275 % | £25,585 | £165,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £249,363 | £245,000 | 27 RADFORD DRIVE |
| 17 Nov 2023 | £265,937 | £262,000 | 25 BEECH DRIVE |
| 10 Nov 2023 | £228,381 | £225,000 | 60 BEECH DRIVE |
| 25 Aug 2023 | £247,162 | £245,000 | 5 BEECH DRIVE |
| 9 Aug 2023 | £256,242 | £254,000 | 59 MAPLE AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 29 Nov 2019. Using an estimated price of £166,233 means this house is valued at £2,104 per sq meter (£195 per sq foot).
The average size of a house on MAPLE AVENUE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Drive |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Beech Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richard Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larch Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larch Grove |