£325,877
This estimated value is based upon the latest sale price for the house of £320,000 on 21 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £320,000 | 21 Aug 2023 |
| £290,000 | 28 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 2023 the House Price Index for LEICESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £320,000 results in an estimated price of approximately £325,877.
| 21 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £320,000 | £5,877 | £325,877 |
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 | 6.965 % | £22,286 | £342,286 |
| 3 Month Average | -6.712 % | £-21,478 | £298,521 |
| 6 Month Average | -1.829 % | £-5,853 | £314,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £340,000 | £340,000 | 18 SEVERN STREET |
| 7 May 2024 | £850,000 | £850,000 | HAMILTON HOUSE, 31 - 33 HIGHFIELD STREET |
| 7 May 2024 | £850,000 | £850,000 | 33 HIGHFIELD STREET |
| 7 May 2024 | £250,000 | £250,000 | 46 - 48 HIGHFIELD STREET |
| 5 Dec 2023 | £98,012 | £95,000 | FLAT 1 19 - 27 MILL HILL LANE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 31 Aug 2018. Using an estimated price of £325,878 means this house is valued at £1,872 per sq meter (£173 per sq foot).
The average size of a house on HIGHFIELD STREET is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Street |
| Oct 2024 | Anti-social behaviour | On or near Severn Street | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Severn Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Street |
| Oct 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Severn Street |