£148,710
This estimated value is based upon the latest sale price for the house of £120,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 13 Jul 2018 |
| £31,500 | 5 Jun 1998 |
| £23,500 | 16 Dec 1997 |
| 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 July 2018 the House Price Index for LEICESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £120,000 results in an estimated price of approximately £148,710.
| 13 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £120,000 | £28,710 | £148,710 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 12.183 % | £14,619 | £134,619 |
| 3 Month Average | 19.097 % | £22,916 | £142,916 |
| 6 Month Average | 25.252 % | £30,302 | £150,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £93,638 | £92,000 | 62 TEWKESBURY STREET |
| 18 Mar 2022 | £181,346 | £175,000 | 8 TEWKESBURY STREET |
| 21 Feb 2022 | £185,619 | £177,000 | 36 WARWICK STREET |
| 28 Jan 2022 | £171,016 | £162,500 | 14 TEWKESBURY STREET |
| 30 Sep 2021 | £237,070 | £220,000 | 16 RIVERS STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Sep 2018. Using an estimated price of £148,711 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on TUDOR ROAD is 83 sq meters (893 sq feet).