£229,007
This estimated value is based upon the latest sale price for the house of £187,500 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £187,500 | 11 Oct 2019 |
| £125,000 | 26 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2019 the House Price Index for LEICESTER was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £187,500 results in an estimated price of approximately £229,007.
| 11 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £187,500 | £41,507 | £229,007 |
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 | 26.288 % | £49,289 | £236,789 |
| 3 Month Average | 16.983 % | £31,842 | £219,342 |
| 6 Month Average | 15.059 % | £28,235 | £215,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £246,011 | £250,000 | 10 WESTBOURNE STREET |
| 29 Jul 2022 | £264,642 | £265,000 | 36 OLPHIN STREET |
| 28 Sep 2021 | £203,916 | £190,000 | 6 MOORGATE STREET |
| 16 Mar 2020 | £239,915 | £200,000 | 23 WESTBOURNE STREET |
| 5 Mar 2020 | £204,527 | £170,500 | 37 MARJORIE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Sep 2019. Using an estimated price of £229,007 means this house is valued at £3,094 per sq meter (£287 per sq foot).
The average size of a house on OLPHIN STREET is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Olphin Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Olphin Street |
| Apr 2024 | Anti-social behaviour | On or near Olphin Street | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Olphin Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Olphin Street |