£123,170
This estimated value is based upon the latest sale price for the house of £110,500 on 28 Oct 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £110,500 | 28 Oct 2021 |
| £98,000 | 13 Mar 2020 |
| £70,000 | 30 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2021 the House Price Index for LEICESTER was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £110,500 results in an estimated price of approximately £123,170.
| 28 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £110,500 | £12,670 | £123,170 |
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 | 28.732 % | £31,748 | £142,248 |
| 3 Month Average | 6.964 % | £7,694 | £118,194 |
| 6 Month Average | 5.156 % | £5,697 | £116,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £225,113 | £220,000 | 14 WIGSTON LANE |
| 25 Aug 2023 | £337,080 | £331,000 | 47 BELVOIR DRIVE |
| 6 Apr 2023 | £82,544 | £81,000 | FLAT A 2 BELVOIR DRIVE |
| 31 Mar 2023 | £413,912 | £407,000 | 27 BELVOIR DRIVE |
| 6 Jan 2023 | £216,599 | £216,020 | 82 WIGSTON LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 30 Apr 2013. Using an estimated price of £123,171 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on BELVOIR DRIVE is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belvoir Drive |
| Sep 2024 | Anti-social behaviour | On or near Belvoir Drive | |
| Sep 2024 | Anti-social behaviour | On or near Belvoir Drive | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belvoir Drive |
| Jul 2024 | Anti-social behaviour | On or near Belvoir Drive |