£196,403
This estimated value is based upon the latest sale price for the house of £75,950 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £75,950 | 29 Nov 2002 |
| Semi-Detached |
| 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 2002 the House Price Index for LEICESTER was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £75,950 results in an estimated price of approximately £196,403.
| 29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £75,950 | £120,453 | £196,403 |
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 | 235.302 % | £178,711 | £254,661 |
| 3 Month Average | 230.069 % | £174,737 | £250,687 |
| 6 Month Average | 254.876 % | £193,578 | £269,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £256,511 | £250,000 | 57 MELROSE STREET |
| 10 Aug 2023 | £208,765 | £205,000 | 88 HARRISON ROAD |
| 16 Jun 2023 | £357,157 | £350,000 | 11 SURREY STREET |
| 14 Feb 2023 | £231,547 | £230,000 | 51 WEYMOUTH STREET |
| 27 May 2022 | £221,778 | £216,000 | 1 MELROSE STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 22 May 2013. Using an estimated price of £196,403 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on BELPER STREET is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Melrose Street |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Melrose Street |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Melrose Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Street |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Melrose Street |