£293,270
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 30 Oct 2020 |
| £185,000 | 3 Apr 2007 |
| £55,500 | 22 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 October 2020 the House Price Index for LEICESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £250,000 results in an estimated price of approximately £293,270.
| 30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £250,000 | £43,270 | £293,270 |
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 | 32.171 % | £80,428 | £330,428 |
| 3 Month Average | 12.736 % | £31,839 | £281,839 |
| 6 Month Average | 15.929 % | £39,822 | £289,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £380,363 | £375,500 | 94 LORNE ROAD |
| 30 Jun 2023 | £273,311 | £270,000 | 80 LORNE ROAD |
| 16 Mar 2023 | £128,208 | £127,000 | 88 LORNE ROAD |
| 17 Feb 2023 | £219,852 | £220,000 | 78 ADDERLEY ROAD |
| 21 Sep 2022 | £236,093 | £238,000 | 38 ADDERLEY ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 2 Dec 2021. Using an estimated price of £293,271 means this house is valued at £2,740 per sq meter (£254 per sq foot).
The average size of a house on ADDERLEY ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Road |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |