£133,441
This estimated value is based upon the latest sale price for the house of £100,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£100,000 | 7 Oct 2016 |
£117,000 | 4 Jul 2006 |
£116,000 | 29 Mar 2004 |
£116,000 | 29 Mar 2004 |
£92,500 | 27 Jun 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 October 2016 the House Price Index for LEICESTER was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £100,000 results in an estimated price of approximately £133,441.
7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £100,000 | £33,441 | £133,441 |
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 | 31.479 % | £31,479 | £131,479 |
3 Month Average | 55.281 % | £55,280 | £155,280 |
6 Month Average | 45.599 % | £45,599 | £145,599 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £331,646 | £325,000 | 49 STRATHERN ROAD |
10 Mar 2023 | £127,123 | £125,000 | 2E STRATHERN ROAD |
25 Nov 2021 | £152,533 | £140,000 | 30A STRATHERN ROAD |
10 Sep 2021 | £145,466 | £134,000 | 10C STRATHERN ROAD |
15 Jul 2021 | £138,933 | £120,000 | 2F STRATHERN ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Jun 2016. Using an estimated price of £133,441 means this house is valued at £2,616 per sq meter (£243 per sq foot).
The average size of a house on STRATHERN ROAD is 64 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lady Hay Road |
Oct 2024 | Anti-social behaviour | On or near Roecliffe Close | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Roecliffe Close |
Oct 2024 | Public order | Under investigation | On or near Roecliffe Close |
Aug 2024 | Anti-social behaviour | On or near Roecliffe Close |