£313,862
This estimated value is based upon the latest sale price for the house of £60,000 on 11 Apr 1997. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 11 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 April 1997 the House Price Index for LEICESTER was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.104%.Applying this 423.104% change to the original purchase price of £60,000 results in an estimated price of approximately £313,862.
| 11 Apr 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.104 % | £60,000 | £253,862 | £313,862 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 411.945 % | £247,167 | £307,167 |
| 3 Month Average | 466.700 % | £280,019 | £340,019 |
| 6 Month Average | 477.016 % | £286,209 | £346,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £192,461 | £190,000 | 38 WARREN AVENUE |
| 4 Aug 2023 | £158,890 | £157,500 | 1 WARREN AVENUE |
| 28 Jul 2023 | £142,924 | £141,000 | 6 WARREN AVENUE |
| 3 Jul 2023 | £182,456 | £180,000 | 97 WARREN AVENUE |
| 23 Mar 2023 | £101,759 | £100,800 | 18 WARREN AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Mar 2020. Using an estimated price of £313,862 means this house is valued at £3,692 per sq meter (£343 per sq foot).
The average size of a house on WARREN DRIVE is 56 sq meters (602 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warren Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warren Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warren Drive |
| Feb 2024 | Drugs | Local resolution | On or near Warren Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warren Avenue |