£448,940
This estimated value is based upon the latest sale price for the house of £370,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £370,000 | 12 Mar 2020 |
| £215,000 | 3 Nov 2017 |
| Freehold |
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 March 2020 the House Price Index for LEICESTER was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £370,000 results in an estimated price of approximately £448,940.
| 12 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £370,000 | £78,940 | £448,940 |
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 | 18.405 % | £68,100 | £438,100 |
| 3 Month Average | 13.288 % | £49,165 | £419,165 |
| 6 Month Average | 16.158 % | £59,784 | £429,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £340,000 | £340,000 | 18 SEVERN STREET |
| 7 May 2024 | £850,000 | £850,000 | 33 HIGHFIELD STREET |
| 7 May 2024 | £250,000 | £250,000 | 46 - 48 HIGHFIELD STREET |
| 7 May 2024 | £850,000 | £850,000 | HAMILTON HOUSE, 31 - 33 HIGHFIELD STREET |
| 3 Apr 2024 | £103,902 | £103,000 | FLAT 6 LIGA HOUSE, 23 SAXBY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Severn Street |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Severn Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severn Street |
| Oct 2024 | Anti-social behaviour | On or near Severn Street | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Severn Street |