£217,562
This estimated value is based upon the latest sale price for the house of £175,000 on 20 Apr 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near St Michaels Avenue
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| Price Paid | Date |
|---|---|
| £175,000 | 20 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 April 2018 the House Price Index for LEICESTER was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £175,000 results in an estimated price of approximately £217,562.
| 20 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £175,000 | £42,562 | £217,562 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 42.252 % | £73,940 | £248,940 |
| 3 Month Average | 29.748 % | £52,058 | £227,058 |
| 6 Month Average | 23.227 % | £40,647 | £215,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £226,839 | £225,000 | 57 ST MICHAELS AVENUE |
| 21 Apr 2023 | £284,112 | £282,000 | 88 LANCASHIRE STREET |
| 21 Jul 2022 | £239,676 | £240,000 | 81 STAFFORD STREET |
| 11 Mar 2022 | £227,057 | £220,000 | 14 LANCASHIRE STREET |
| 30 Oct 2020 | £257,036 | £220,000 | 54 LANCASHIRE STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Mar 2017. Using an estimated price of £217,562 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on LANCASHIRE STREET is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Michaels Avenue |
| Apr 2024 | Burglary | Under investigation | On or near St Michaels Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michaels Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Lancashire Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancashire Street |