£549,917
This estimated value is based upon the latest sale price for the house of £322,000 on 23 Sep 2010. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £322,000 | 23 Sep 2010 |
| Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,035 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 September 2010 the House Price Index for LEICESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £322,000 results in an estimated price of approximately £549,917.
| 23 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £322,000 | £227,917 | £549,917 |
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 | 84.563 % | £272,293 | £594,293 |
| 3 Month Average | 102.012 % | £328,477 | £650,477 |
| 6 Month Average | 85.374 % | £274,904 | £596,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £417,839 | £405,000 | 52 LETCHWORTH ROAD |
| 17 Aug 2022 | £386,809 | £385,000 | 36 WESTFIELD ROAD |
| 1 Jul 2022 | £303,036 | £300,000 | 130 GLENFIELD ROAD |
| 3 Mar 2022 | £313,180 | £300,000 | 81 WESTFIELD ROAD |
| 15 Jun 2021 | £556,646 | £515,000 | 16 WESTFIELD ROAD |
This house has a floor area of 189 sq meters or 2,035 sq feet when measured on 9 Apr 2010. Using an estimated price of £549,918 means this house is valued at £2,908 per sq meter (£270 per sq foot).
The average size of a house on WESTFIELD ROAD is 138 sq meters (1,495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenfield Road |
| Sep 2024 | Burglary | Under investigation | On or near Vincent Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadway |
| Sep 2024 | Other theft | Local resolution | On or near Meadway |