£200,040
This estimated value is based upon the latest sale price for the house of £118,000 on 29 Aug 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 29 Aug 2008 |
| £120,000 | 12 Jun 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2008 the House Price Index for LEICESTER was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £118,000 results in an estimated price of approximately £200,040.
| 29 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 149.7 | 69.526 % | £118,000 | £82,040 | £200,040 |
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 | 89.108 % | £105,147 | £223,147 |
| 3 Month Average | 88.921 % | £104,926 | £222,926 |
| 6 Month Average | 67.822 % | £80,030 | £198,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £101,560 | £100,000 | FLAT 3 MARY COURT MARY ROAD |
| 16 Oct 2023 | £266,042 | £260,000 | 7A STOKES DRIVE |
| 29 Jun 2023 | £260,215 | £255,000 | 1B STOKES DRIVE |
| 4 Apr 2023 | £259,860 | £255,000 | 180 GROBY ROAD |
| 17 Mar 2023 | £238,991 | £235,000 | 23 WHITLEY CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 24 Aug 2020. Using an estimated price of £200,040 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on STOKES DRIVE is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Mary Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Mary Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Joyce Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baycliff Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baycliff Close |