£246,058
This estimated value is based upon the latest sale price for the house of £197,500 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £197,500 | 18 Oct 2017 |
| £11,440 | 11 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £197,500 results in an estimated price of approximately £246,058.
| 18 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £197,500 | £48,558 | £246,058 |
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 | 34.571 % | £68,278 | £265,778 |
| 3 Month Average | 47.829 % | £94,462 | £291,962 |
| 6 Month Average | 45.109 % | £89,090 | £286,590 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 30 Aug 2017.
The average size of a house on LITELMEDE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Litelmede |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Litelmede |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Litelmede |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Litelmede |
| Feb 2024 | Anti-social behaviour | On or near Litelmede |