£315,500
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£250,000 | 31 Oct 2017 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 October 2017 the House Price Index for LEICESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £250,000 results in an estimated price of approximately £315,500.
31 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £250,000 | £65,500 | £315,500 |
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 | 47.592 % | £118,980 | £368,980 |
3 Month Average | 31.021 % | £77,551 | £327,551 |
6 Month Average | 37.353 % | £93,383 | £343,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jul 2022 | £867,335 | £865,000 | 1 ELMS ROAD |
26 Jan 2022 | £905,071 | £860,000 | 7 STONEYGATE AVENUE |
19 Jan 2022 | £884,023 | £840,000 | 11 STONEYGATE AVENUE |
25 Jun 2021 | £1,180,217 | £1,100,000 | 169 RATCLIFFE ROAD |
4 Aug 2020 | £773,398 | £645,000 | 45 KNIGHTON DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 27 Nov 2015. Using an estimated price of £315,500 means this house is valued at £2,767 per sq meter (£257 per sq foot).
The average size of a house on KNIGHTON DRIVE is 159 sq meters (1,721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elms Court |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elms Court |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knighton Drive |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Knighton Drive |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Knighton Road |