£473,411
This estimated value is based upon the latest sale price for the house of £370,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £370,000 | 31 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2017 the House Price Index for LEICESTER was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £370,000 results in an estimated price of approximately £473,411.
| 31 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £370,000 | £103,411 | £473,411 |
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 | 26.489 % | £98,010 | £468,010 |
| 3 Month Average | 29.449 % | £108,962 | £478,962 |
| 6 Month Average | 40.818 % | £151,026 | £521,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £312,088 | £305,000 | 167 AVENUE ROAD |
| 25 Oct 2023 | £542,317 | £530,000 | 11 AVENUE GARDENS |
| 18 Aug 2023 | £290,235 | £285,000 | 27 SOUTHERNHAY AVENUE |
| 5 Apr 2023 | £304,190 | £298,500 | 35 SOUTHERNHAY AVENUE |
| 31 Mar 2023 | £742,398 | £730,000 | 3 BURLINGTON ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 27 Mar 2017. Using an estimated price of £473,412 means this house is valued at £4,226 per sq meter (£392 per sq foot).
The average size of a house on SOUTHERNHAY CLOSE is 138 sq meters (1,491 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Southernhay Close | |
| Aug 2024 | Anti-social behaviour | On or near Southernhay Close | |
| Aug 2024 | Anti-social behaviour | On or near Southernhay Close | |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Pendene Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Burlington Road |