£154,104
This estimated value is based upon the latest sale price for the house of £88,500 on 15 Aug 2011. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £88,500 | 15 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 836 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 August 2011 the House Price Index for LEICESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £88,500 results in an estimated price of approximately £154,104.
| 15 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £88,500 | £65,604 | £154,104 |
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 | 93.483 % | £82,732 | £171,232 |
| 3 Month Average | 84.690 % | £74,950 | £163,450 |
| 6 Month Average | 85.527 % | £75,691 | £164,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £250,000 | £250,000 | 5 NEW ROMNEY CRESCENT |
| 12 Jul 2024 | £245,000 | £245,000 | 42 NEW ROMNEY CRESCENT |
| 12 Oct 2023 | £327,437 | £320,000 | 7 BANKSIDE |
| 29 Sep 2023 | £332,326 | £325,000 | 5 LYNMOUTH ROAD |
| 23 Jun 2023 | £230,622 | £226,000 | 3 BROCKLESBY WAY |
This house has a floor area of 77 sq meters or 836 sq feet when measured on 22 Mar 2011. Using an estimated price of £154,105 means this house is valued at £1,983 per sq meter (£184 per sq foot).
The average size of a house on BANKSIDE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Bankside | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bankside |
| Oct 2024 | Anti-social behaviour | On or near Bankside | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankside |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Brocklesby Way |