£106,497
This estimated value is based upon the latest sale price for the house of £62,500 on 20 Dec 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £62,500 | 20 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2012 the House Price Index for LEICESTER was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £62,500 results in an estimated price of approximately £106,497.
| 20 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £62,500 | £43,997 | £106,497 |
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 | 69.135 % | £43,209 | £105,709 |
| 3 Month Average | 95.229 % | £59,517 | £122,017 |
| 6 Month Average | 81.454 % | £50,908 | £113,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £235,990 | £230,000 | 21 BOYNTON ROAD |
| 15 Sep 2023 | £194,283 | £190,000 | 41 BOYNTON ROAD |
| 25 Aug 2023 | £234,224 | £230,000 | 58 WINSTANLEY DRIVE |
| 24 Aug 2023 | £228,114 | £224,000 | 98 RANCLIFFE CRESCENT |
| 16 Aug 2023 | £3,564,286 | £3,500,000 | 5 PRIESTLEY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 Sep 2021. Using an estimated price of £106,497 means this house is valued at £1,210 per sq meter (£112 per sq foot).
The average size of a house on RANCLIFFE CRESCENT is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Rancliffe Crescent |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rancliffe Crescent |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Rancliffe Crescent |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Bronte Close |
| Oct 2024 | Possession of weapons | Awaiting court outcome | On or near Winstanley Drive |