£244,816
This estimated value is based upon the latest sale price for the house of £205,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £205,000 | 21 Aug 2020 |
| £34,000 | 14 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for LEICESTER was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £205,000 results in an estimated price of approximately £244,816.
| 21 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £205,000 | £39,816 | £244,816 |
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 | 41.248 % | £84,558 | £289,558 |
| 3 Month Average | 9.610 % | £19,699 | £224,699 |
| 6 Month Average | 19.808 % | £40,607 | £245,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £214,050 | £210,000 | 50 FREDERICK ROAD |
| 22 Aug 2022 | £245,342 | £247,000 | 54 SHERRARD ROAD |
| 21 Aug 2020 | £244,816 | £205,000 | 51 SHERRARD ROAD |
| 29 May 2020 | £249,740 | £205,000 | 30 GROVE ROAD |
| 29 Apr 2020 | £232,298 | £190,000 | 59 MOUNT ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Apr 2018. Using an estimated price of £244,816 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on SHERRARD ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sherrard Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farnham Street |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Farnham Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherrard Road |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Mount Road |