£214,759
This estimated value is based upon the latest sale price for the house of £173,000 on 22 Nov 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £173,000 | 22 Nov 2018 |
| £160,000 | 20 Sep 2018 |
| £117,000 | 29 Aug 2007 |
| £37,500 | 23 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 £173,000 results in an estimated price of approximately £214,759.
| 22 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £173,000 | £41,759 | £214,759 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 44.641 % | £77,228 | £250,228 |
| 3 Month Average | 34.357 % | £59,437 | £232,437 |
| 6 Month Average | 27.095 % | £46,873 | £219,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £237,059 | £235,000 | 28 TRAFFORD ROAD |
| 22 Sep 2023 | £288,357 | £282,000 | 49 KING EDWARD ROAD |
| 4 Sep 2023 | £132,930 | £130,000 | 54 TRAFFORD ROAD |
| 21 Nov 2022 | £242,864 | £244,000 | 19 KING EDWARD ROAD |
| 30 May 2022 | £303,918 | £296,000 | 6 COLEMAN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 10 Aug 2018. Using an estimated price of £214,760 means this house is valued at £2,619 per sq meter (£243 per sq foot).
The average size of a house on TRAFFORD ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Trafford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trafford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trafford Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trafford Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |