£451,134
This estimated value is based upon the latest sale price for the house of £360,000 on 14 Jun 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £360,000 | 14 Jun 2018 |
| £270,000 | 28 May 2010 |
| £285,000 | 8 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 June 2018 the House Price Index for LEICESTER was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £360,000 results in an estimated price of approximately £451,134.
| 14 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £360,000 | £91,134 | £451,134 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 7.144 % | £25,718 | £385,718 |
| 3 Month Average | 19.484 % | £70,142 | £430,142 |
| 6 Month Average | 30.316 % | £109,137 | £469,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £276,000 | £276,000 | 49 OVERDALE ROAD |
| 21 Jun 2023 | £331,646 | £325,000 | 40 OVERDALE ROAD |
| 6 Apr 2023 | £336,290 | £330,000 | 52 KINGSMEAD ROAD |
| 26 Jan 2023 | £305,817 | £305,000 | 61 OVERDALE ROAD |
| 9 Sep 2022 | £355,263 | £355,500 | 34 OVERDALE ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 14 Aug 2017. Using an estimated price of £451,134 means this house is valued at £3,154 per sq meter (£293 per sq foot).
The average size of a house on KINGSMEAD ROAD is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Overdale Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Overdale Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Overdale Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Brinsmead Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Brinsmead Road |