£276,916
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Feb 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,551 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 2018 the House Price Index for LEICESTER was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £220,000 results in an estimated price of approximately £276,916.
| 15 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £220,000 | £56,916 | £276,916 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 53.946 % | £118,681 | £338,681 |
| 3 Month Average | 37.894 % | £83,366 | £303,366 |
| 6 Month Average | 36.551 % | £80,411 | £300,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £995,000 | £995,000 | 21 - 23 NANSEN ROAD |
| 10 Nov 2023 | £219,574 | £214,000 | 7 GEDDING ROAD |
| 22 Sep 2023 | £273,530 | £267,500 | 11 BRADFIELD CLOSE |
| 17 Feb 2023 | £327,186 | £325,000 | 37 ELIZABETH STREET |
| 9 May 2022 | £417,887 | £407,000 | 154 GWENDOLEN ROAD |
This house has a floor area of 144 sq meters or 1,551 sq feet when measured on 24 Feb 2009. Using an estimated price of £276,916 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on DRINKSTONE ROAD is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Street |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Suffolk Street |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Suffolk Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Drinkstone Road |
| Oct 2024 | Anti-social behaviour | On or near Benson Street |