£266,255
This estimated value is based upon the latest sale price for the house of £215,500 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There have been two burglaries within the last year on or near Westmeath Avenue
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| Price Paid | Date |
|---|---|
| £215,500 | 1 Nov 2019 |
| £127,000 | 10 Mar 2006 |
| £40,000 | 11 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2019 the House Price Index for LEICESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £215,500 results in an estimated price of approximately £266,255.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £215,500 | £50,755 | £266,255 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 44.407 % | £95,697 | £311,197 |
| 3 Month Average | 31.473 % | £67,825 | £283,325 |
| 6 Month Average | 22.035 % | £47,485 | £262,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £432,218 | £425,000 | 12 WITHCOTE AVENUE |
| 28 Jul 2022 | £212,126 | £210,000 | FLAT 1 39A WESTMEATH AVENUE |
| 24 Jun 2022 | £324,537 | £317,600 | 457 UPPINGHAM ROAD |
| 20 Jun 2022 | £275,898 | £270,000 | 48 WITHCOTE AVENUE |
| 16 May 2022 | £338,827 | £330,000 | 74 WITHCOTE AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Apr 2018. Using an estimated price of £266,255 means this house is valued at £3,207 per sq meter (£298 per sq foot).
The average size of a house on WITHCOTE AVENUE is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Westmeath Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Westmeath Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Westmeath Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverwood Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Silverwood Close |