£1,112,041
This estimated value is based upon the latest sale price for the house of £895,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £895,000 | 26 Jul 2019 |
| £550,000 | 29 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 395 sq meters or 4,251 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 July 2019 the House Price Index for LEICESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £895,000 results in an estimated price of approximately £1,112,041.
| 26 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £895,000 | £217,041 | £1,112,041 |
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 | 53.253 % | £476,610 | £1,371,610 |
| 3 Month Average | 26.464 % | £236,855 | £1,131,855 |
| 6 Month Average | 26.134 % | £233,895 | £1,128,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £277,032 | £270,000 | 7 JENNETT CLOSE |
| 17 Oct 2023 | £273,205 | £267,000 | 1 JENNETT CLOSE |
| 10 Mar 2023 | £432,218 | £425,000 | 12 WITHCOTE AVENUE |
| 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 395 sq meters or 4,251 sq feet when measured on 14 May 2019. Using an estimated price of £1,112,042 means this house is valued at £2,815 per sq meter (£261 per sq foot).
The average size of a house on UPPINGHAM ROAD is 158 sq meters (1,703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Silverwood Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverwood Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Silverwood Close |
| Sep 2024 | Robbery | Under investigation | On or near Silverwood Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Uppingham Road |