£249,166
This estimated value is based upon the latest sale price for the house of £200,000 on 29 Apr 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £200,000 | 29 Apr 2019 |
| £184,950 | 27 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for LEICESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £200,000 results in an estimated price of approximately £249,166.
| 29 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £200,000 | £49,166 | £249,166 |
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 | 37.788 % | £75,576 | £275,576 |
| 3 Month Average | 27.795 % | £55,589 | £255,589 |
| 6 Month Average | 28.965 % | £57,930 | £257,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Sep 2024 | £292,000 | £292,000 | 1B CAIRNSFORD ROAD |
| 28 Aug 2024 | £590,000 | £590,000 | 432 WELFORD ROAD |
| 19 Dec 2023 | £355,937 | £345,000 | 3 BRINSMEAD ROAD |
| 8 Dec 2023 | £165,072 | £160,000 | 14 MUSTON GARDENS |
| 20 Sep 2023 | £506,158 | £495,000 | 466 WELFORD ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Jun 2013. Using an estimated price of £249,167 means this house is valued at £2,491 per sq meter (£231 per sq foot).
The average size of a house on WELFORD ROAD is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Muston Gardens |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Muston Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Muston Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Muston Gardens |
| Aug 2024 | Anti-social behaviour | On or near Muston Gardens |