£166,798
This estimated value is based upon the latest sale price for the house of £122,500 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£122,500 | 17 Feb 2017 |
£112,000 | 31 Jan 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 2017 the House Price Index for LEICESTER was 76.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 36.162%.Applying this 36.162% change to the original purchase price of £122,500 results in an estimated price of approximately £166,798.
17 Feb 2017 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.6 | 104.3 | 36.162 % | £122,500 | £44,298 | £166,798 |
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 | 65.219 % | £79,892 | £202,392 |
3 Month Average | 51.438 % | £63,011 | £185,511 |
6 Month Average | 60.551 % | £74,175 | £196,675 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £133,444 | £125,000 | FLAT 35 45 PAVILION CLOSE |
18 Sep 2023 | £153,101 | £144,000 | FLAT 12 50 PAVILION CLOSE |
14 Apr 2023 | £1,004,919 | £950,000 | 15 PUTNEY ROAD WEST |
22 Dec 2022 | £4,939,432 | £4,750,000 | DRIVE VAUXHALL FREEMENS COMMON ROAD |
8 Dec 2022 | £166,901 | £160,500 | FLAT 6 30 PAVILION CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 Sep 2012. Using an estimated price of £166,798 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on PAVILION CLOSE is 58 sq meters (625 sq feet).