£464,039
This estimated value is based upon the latest sale price for the house of £365,000 on 23 Oct 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £365,000 | 23 Oct 2017 |
| £285,000 | 13 Jun 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,526 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 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £365,000 results in an estimated price of approximately £464,039.
| 23 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £365,000 | £99,039 | £464,039 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 29.763 % | £108,635 | £473,635 |
| 3 Month Average | 48.444 % | £176,820 | £541,820 |
| 6 Month Average | 34.674 % | £126,561 | £491,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £390,000 | £390,000 | 136 LETCHWORTH ROAD |
| 15 Mar 2023 | £340,690 | £335,000 | 436 HINCKLEY ROAD |
| 4 Aug 2022 | £475,724 | £473,500 | 94 LETCHWORTH ROAD |
| 19 Jan 2022 | £453,765 | £428,000 | 152 LETCHWORTH ROAD |
| 9 Dec 2021 | £545,050 | £505,000 | 138 LETCHWORTH ROAD |
This house has a floor area of 141 sq meters or 1,526 sq feet when measured on 21 Feb 2012. Using an estimated price of £464,040 means this house is valued at £3,272 per sq meter (£304 per sq foot).
The average size of a house on WESTERN PARK ROAD is 188 sq meters (2,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Park Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Western Park Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadway |
| Sep 2024 | Other theft | Local resolution | On or near Meadway |