£109,118
This estimated value is based upon the latest sale price for the house of £88,320 on 10 Jun 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £88,320 | 10 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2019 the House Price Index for LEICESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £88,320 results in an estimated price of approximately £109,118.
| 10 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £88,320 | £20,798 | £109,118 |
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 | 13.996 % | £12,361 | £100,681 |
| 3 Month Average | 11.915 % | £10,523 | £98,843 |
| 6 Month Average | 22.474 % | £19,849 | £108,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £211,853 | £210,000 | 47 PROSPECT HILL |
| 4 Mar 2022 | £238,340 | £230,000 | 78 PROSPECT HILL |
| 14 Jan 2022 | £231,530 | £220,000 | 80 MERE ROAD |
| 7 Dec 2021 | £92,138 | £86,000 | MERE ROAD GARAGE, 65A MERE ROAD |
| 1 Oct 2021 | £254,490 | £230,000 | 1 SHELBOURNE STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 Feb 2019. Using an estimated price of £109,118 means this house is valued at £1,604 per sq meter (£149 per sq foot).
The average size of a house on PROSPECT HILL is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Shelbourne Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelbourne Street |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Shelbourne Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shelbourne Street |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Shelbourne Street |