£188,070
This estimated value is based upon the latest sale price for the house of £174,000 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £174,000 | 11 Jun 2021 |
| £90,000 | 18 Jun 2010 |
| £54,000 | 24 Apr 2001 |
| £40,500 | 29 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 822 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 June 2021 the House Price Index for LEICESTER was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £174,000 results in an estimated price of approximately £188,070.
| 11 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £174,000 | £14,070 | £188,070 |
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 | -0.459 % | £-798 | £173,201 |
| 3 Month Average | -3.291 % | £-5,726 | £168,273 |
| 6 Month Average | -7.281 % | £-12,669 | £161,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £230,860 | £225,000 | 100 MOUNTCASTLE ROAD |
| 8 Sep 2023 | £165,652 | £162,000 | 116 HOPEFIELD ROAD |
| 24 Mar 2023 | £193,227 | £190,000 | 102 MOUNTCASTLE ROAD |
| 21 Feb 2023 | £211,412 | £210,000 | 70 HOPEFIELD ROAD |
| 11 Jan 2023 | £218,083 | £217,500 | 76 HOPEFIELD ROAD |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 31 Mar 2009. Using an estimated price of £188,071 means this house is valued at £2,460 per sq meter (£228 per sq foot).
The average size of a house on HOPEFIELD ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Hopefield Road | |
| Aug 2024 | Anti-social behaviour | On or near Hopefield Road | |
| Aug 2024 | Anti-social behaviour | On or near Hopefield Road | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hopefield Road |
| Aug 2024 | Anti-social behaviour | On or near Hopefield Road |