£79,204
This estimated value is based upon the latest sale price for the house of £79,900 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £79,900 | 27 Jan 2023 |
| £39,950 | 20 Oct 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 January 2023 the House Price Index for LEICESTER was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £79,900 results in an estimated price of approximately £79,204.
| 27 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £79,900 | £-695 | £79,204 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | -5.442 % | £-4,348 | £75,551 |
| 3 Month Average | 1.771 % | £1,415 | £81,315 |
| 6 Month Average | -2.637 % | £-2,107 | £77,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £216,315 | £215,000 | 92 NEWINGTON STREET |
| 24 Feb 2023 | £363,282 | £365,000 | 10 PORTSMOUTH ROAD |
| 27 Jan 2023 | £79,204 | £79,900 | FLAT 3 50 MELTON ROAD |
| 27 May 2022 | £304,522 | £299,995 | 2 HOLLY CLOSE |
| 16 Mar 2022 | £120,237 | £116,500 | 43A GIPSY ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 3 May 2017. Using an estimated price of £79,204 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on MELTON ROAD is 105 sq meters (1,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ratcliffe Street |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Ratcliffe Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ratcliffe Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ratcliffe Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lexham Street |