£212,370
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Aug 2005. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 31 Aug 2005 |
| £70,000 | 8 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 43 sq meters or 462 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 August 2005 the House Price Index for LEICESTER was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £115,000 results in an estimated price of approximately £212,370.
| 31 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £115,000 | £97,370 | £212,370 |
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 | 73.788 % | £84,856 | £199,856 |
| 3 Month Average | 68.044 % | £78,250 | £193,250 |
| 6 Month Average | 79.816 % | £91,788 | £206,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £237,291 | £230,000 | 5 CROFT AVENUE |
| 18 Dec 2023 | £242,450 | £235,000 | 1 SANVEY CLOSE |
| 19 Oct 2023 | £204,648 | £200,000 | 44 NARROW LANE |
| 4 Aug 2023 | £234,224 | £230,000 | 30 SANVEY LANE |
| 2 Mar 2023 | £259,331 | £255,000 | 8 RIVERSIDE DRIVE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 2 Aug 2012. Using an estimated price of £212,370 means this house is valued at £4,938 per sq meter (£458 per sq foot).
The average size of a house on RIVERSIDE DRIVE is 77 sq meters (837 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Riverside Drive | |
| Jul 2024 | Anti-social behaviour | On or near Riverside Drive | |
| Jul 2024 | Anti-social behaviour | On or near Riverside Drive | |
| Jul 2024 | Anti-social behaviour | On or near Riverside Drive | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Narrow Lane |