£398,015
This estimated value is based upon the latest sale price for the house of £292,500 on 9 Mar 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £292,500 | 9 Mar 2016 |
| £220,000 | 26 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2016 the House Price Index for LEICESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £292,500 results in an estimated price of approximately £398,015.
| 9 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £292,500 | £105,515 | £398,015 |
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 | 58.423 % | £170,888 | £463,388 |
| 3 Month Average | 48.041 % | £140,521 | £433,021 |
| 6 Month Average | 49.128 % | £143,698 | £436,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £641,278 | £625,000 | 1 SPRINGFIELD ROAD |
| 25 Oct 2023 | £434,877 | £425,000 | 42 AVENUE ROAD |
| 25 Oct 2023 | £419,528 | £410,000 | 27 AVENUE ROAD |
| 25 Oct 2023 | £542,317 | £530,000 | 11 AVENUE GARDENS |
| 1 Jun 2023 | £627,577 | £615,000 | 39 SPRINGFIELD ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 26 Nov 2014. Using an estimated price of £398,015 means this house is valued at £4,189 per sq meter (£389 per sq foot).
The average size of a house on AVENUE ROAD is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Burlington Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Burlington Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Burlington Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burlington Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Burlington Road |