£432,482
This estimated value is based upon the latest sale price for the house of £354,500 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £354,500 | 5 Jun 2020 |
| £268,750 | 14 Jan 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 June 2020 the House Price Index for LEICESTER was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £354,500 results in an estimated price of approximately £432,482.
| 5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £354,500 | £77,982 | £432,482 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 1.764 % | £6,253 | £360,753 |
| 3 Month Average | 17.437 % | £61,813 | £416,313 |
| 6 Month Average | 25.993 % | £92,144 | £446,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £287,293 | £280,000 | 20 THURLOW ROAD |
| 21 Sep 2023 | £357,889 | £350,000 | 4 LORNE ROAD |
| 8 Sep 2023 | £255,635 | £250,000 | 167 HOWARD ROAD |
| 3 Feb 2023 | £450,006 | £447,000 | 10 LORNE ROAD |
| 8 Aug 2022 | £281,315 | £280,000 | 141 HOWARD ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 11 Apr 2018. Using an estimated price of £432,483 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on LORNE ROAD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Adderley Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Adderley Road |
| Sep 2024 | Other crime | Under investigation | On or near Adderley Road |
| Sep 2024 | Other crime | Under investigation | On or near Adderley Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adderley Road |