£312,338
This estimated value is based upon the latest sale price for the house of £195,000 on 23 May 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £195,000 | 23 May 2008 |
| £72,000 | 14 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 May 2008 the House Price Index for LEICESTER was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £195,000 results in an estimated price of approximately £312,338.
| 23 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £195,000 | £117,338 | £312,338 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 122.586 % | £239,042 | £434,042 |
| 3 Month Average | 98.521 % | £192,115 | £387,115 |
| 6 Month Average | 87.431 % | £170,490 | £365,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £260,926 | £255,000 | 5 PERKYN ROAD |
| 17 Mar 2023 | £303,061 | £298,000 | 108 WINTERSDALE ROAD |
| 27 Jan 2023 | £301,305 | £300,500 | 44 PERKYN ROAD |
| 28 Oct 2022 | £229,234 | £230,000 | 69 PERKYN ROAD |
| 26 Aug 2022 | £386,809 | £385,000 | 12 SUMMERLEA ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 10 Feb 2014. Using an estimated price of £312,338 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on SUMMERLEA ROAD is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerlea Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Summerlea Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Farm Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Farm Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Farm Road |