£151,630
This estimated value is based upon the latest sale price for the house of £32,500 on 12 Oct 1998. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £32,500 | 12 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 1998 the House Price Index for LEICESTER was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £32,500 results in an estimated price of approximately £151,630.
| 12 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £32,500 | £119,130 | £151,630 |
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 | 355.457 % | £115,523 | £148,023 |
| 3 Month Average | 334.998 % | £108,874 | £141,374 |
| 6 Month Average | 361.120 % | £117,364 | £149,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £181,577 | £180,000 | 61 SKIPWORTH STREET |
| 8 Nov 2023 | £246,251 | £240,000 | 13 MEDWAY STREET |
| 19 Sep 2023 | £112,480 | £110,000 | 79 SKIPWORTH STREET |
| 10 Feb 2023 | £176,177 | £175,000 | 9 SKIPWORTH STREET |
| 22 Oct 2021 | £172,774 | £155,000 | 58 SKIPWORTH STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Oct 2021. Using an estimated price of £151,630 means this house is valued at £2,166 per sq meter (£201 per sq foot).
The average size of a house on MEDWAY STREET is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Medway Street |
| Sep 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Sep 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Further/Higher Educational Building |