£328,967
This estimated value is based upon the latest sale price for the house of £265,000 on 19 Nov 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £265,000 | 19 Nov 2018 |
| £200,000 | 16 Aug 2013 |
| £135,000 | 15 Nov 2002 |
| £56,000 | 15 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 November 2018 the House Price Index for LEICESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £265,000 results in an estimated price of approximately £328,967.
| 19 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £265,000 | £63,967 | £328,967 |
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 | 22.331 % | £59,177 | £324,177 |
| 3 Month Average | 23.952 % | £63,471 | £328,471 |
| 6 Month Average | 28.655 % | £75,936 | £340,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £383,964 | £375,500 | 94 LORNE ROAD |
| 30 Jun 2023 | £275,521 | £270,000 | 80 LORNE ROAD |
| 16 Mar 2023 | £129,157 | £127,000 | 88 LORNE ROAD |
| 10 May 2022 | £314,185 | £306,000 | 86 ADDERLEY ROAD |
| 4 Feb 2022 | £301,090 | £285,000 | 70 ADDERLEY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Mar 2015. Using an estimated price of £328,968 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on LORNE ROAD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lorne Road | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lorne Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Adderley Road |