£317,410
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Aug 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £185,000 | 8 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2012 the House Price Index for LEICESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £185,000 results in an estimated price of approximately £317,410.
| 8 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £185,000 | £132,410 | £317,410 |
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 | 109.794 % | £203,119 | £388,119 |
| 3 Month Average | 99.750 % | £184,537 | £369,537 |
| 6 Month Average | 89.000 % | £164,650 | £349,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £287,497 | £285,000 | 1 MERVYN ROAD |
| 26 Sep 2023 | £255,635 | £250,000 | 32 EVINGTON VALLEY ROAD |
| 9 Jun 2023 | £816,360 | £800,000 | UNIT 4 46 CHESTERFIELD ROAD |
| 14 Feb 2022 | £359,195 | £340,000 | 31 STAVELEY ROAD |
| 10 Sep 2021 | £282,248 | £260,000 | 22 EVINGTON VALLEY ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 18 Jul 2016. Using an estimated price of £317,410 means this house is valued at £2,760 per sq meter (£256 per sq foot).
The average size of a house on STAVELEY ROAD is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Staveley Road | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Mervyn Road |
| Sep 2024 | Anti-social behaviour | On or near Mervyn Road | |
| Sep 2024 | Anti-social behaviour | On or near Mervyn Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mervyn Road |