£262,972
This estimated value is based upon the latest sale price for the house of £257,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £257,000 | 13 Oct 2023 |
| £165,000 | 7 Dec 2018 |
| £43,000 | 27 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in October 2023 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £257,000 results in an estimated price of approximately £262,972.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £257,000 | £5,972 | £262,972 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 11.319 % | £29,090 | £286,090 |
| 3 Month Average | -12.187 % | £-31,319 | £225,680 |
| 6 Month Average | -1.418 % | £-3,643 | £253,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £170,369 | £166,500 | KAURI COTTAGE PARK ROAD |
| 13 Oct 2023 | £262,973 | £257,000 | 52 SMISBY ROAD |
| 24 Mar 2023 | £177,972 | £175,000 | 52 CLIFTON AVENUE |
| 10 Mar 2023 | £238,991 | £235,000 | 10 ASH DRIVE |
| 2 Mar 2023 | £284,755 | £280,000 | 1 SMISBY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Aug 2018. Using an estimated price of £262,973 means this house is valued at £3,328 per sq meter (£309 per sq foot).
The average size of a house on SMISBY ROAD is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King George Avenue |
| Jul 2024 | Public order | Under investigation | On or near Ash Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ash Drive |