£263,084
This estimated value is based upon the latest sale price for the house of £255,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Albert Promenade
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| Price Paid | Date |
|---|---|
| £255,000 | 15 Dec 2023 |
| £124,000 | 8 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 750 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in December 2023 the House Price Index for LEICESTERSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £255,000 results in an estimated price of approximately £263,084.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £255,000 | £8,084 | £263,084 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | -4.380 % | £-11,168 | £243,831 |
| 3 Month Average | 6.934 % | £17,681 | £272,681 |
| 6 Month Average | 2.318 % | £5,911 | £260,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £247,272 | £245,125 | 48 KING EDWARD ROAD |
| 19 Apr 2024 | £189,647 | £188,000 | 118 ALBERT PROMENADE |
| 15 Dec 2023 | £263,084 | £255,000 | 5 FINSBURY AVENUE |
| 15 Sep 2023 | £219,846 | £215,000 | 43 KING EDWARD ROAD |
| 16 Aug 2023 | £239,316 | £235,000 | 108 ALBERT PROMENADE |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 21 Apr 2010. Using an estimated price of £263,084 means this house is valued at £3,772 per sq meter (£350 per sq foot).
The average size of a house on FINSBURY AVENUE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Albert Promenade | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Albert Promenade |
| Aug 2024 | Anti-social behaviour | On or near Albert Promenade | |
| Aug 2024 | Anti-social behaviour | On or near Albert Promenade | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |