£154,844
This estimated value is based upon the latest sale price for the house of £89,000 on 24 May 2011. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £89,000 | 24 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 845 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 May 2011 the House Price Index for LEICESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £89,000 results in an estimated price of approximately £154,844.
| 24 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £89,000 | £65,844 | £154,844 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 79.022 % | £70,329 | £159,329 |
| 3 Month Average | 107.985 % | £96,106 | £185,106 |
| 6 Month Average | 87.270 % | £77,670 | £166,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £165,072 | £160,000 | 62 BRUCE STREET |
| 30 Nov 2023 | £190,030 | £185,206 | 59 BRUCE STREET |
| 14 Aug 2023 | £183,306 | £180,000 | 60 BRUCE STREET |
| 29 Apr 2022 | £186,736 | £180,000 | 118 WILBERFORCE ROAD |
| 28 Oct 2021 | £183,920 | £165,000 | 69 WILBERFORCE ROAD |
This house has a floor area of 78 sq meters or 845 sq feet when measured on 1 Apr 2011. Using an estimated price of £154,844 means this house is valued at £1,972 per sq meter (£183 per sq foot).
The average size of a house on WILBERFORCE ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bruce Street |
| Oct 2024 | Drugs | Under investigation | On or near Sheffield Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Bruce Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Sheffield Street |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bruce Street |