£86,777
This estimated value is based upon the latest sale price for the house of £70,000 on 5 Aug 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £70,000 | 5 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2019 the House Price Index for LEICESTER was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £70,000 results in an estimated price of approximately £86,777.
| 5 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £70,000 | £16,777 | £86,777 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 41.614 % | £29,130 | £99,130 |
| 3 Month Average | 27.232 % | £19,062 | £89,062 |
| 6 Month Average | 29.382 % | £20,567 | £90,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £277,032 | £270,000 | 42 GIPSY ROAD |
| 17 Nov 2023 | £241,634 | £235,500 | 264 HARRISON ROAD |
| 2 Jun 2023 | £336,748 | £330,000 | 274 HARRISON ROAD |
| 17 Feb 2023 | £256,715 | £255,000 | 34 MOORES ROAD |
| 9 Sep 2021 | £314,815 | £290,000 | 66 GIPSY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Jun 2019. Using an estimated price of £86,777 means this house is valued at £1,188 per sq meter (£110 per sq foot).
The average size of a house on GIPSY ROAD is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Under investigation | On or near Gipsy Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gipsy Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gipsy Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moores Road |
| Jul 2024 | Robbery | Under investigation | On or near Moores Road |