£170,643
This estimated value is based upon the latest sale price for the house of £125,000 on 23 Feb 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 23 Feb 2016 |
| £85,000 | 13 Nov 2015 |
| £22,500 | 14 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 651 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 February 2016 the House Price Index for LEICESTER was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £125,000 results in an estimated price of approximately £170,643.
| 23 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £125,000 | £45,643 | £170,643 |
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 | 53.599 % | £66,999 | £191,999 |
| 3 Month Average | 51.610 % | £64,512 | £189,512 |
| 6 Month Average | 54.828 % | £68,534 | £193,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £148,402 | £150,000 | 2 VICARAGE LANE |
| 24 Jun 2022 | £223,154 | £220,000 | 9 BELGRAVE AVENUE |
| 28 Jan 2022 | £831,402 | £790,000 | BELGRAVE HOUSE, 40 CHURCH ROAD |
| 9 Oct 2021 | £88,518 | £80,000 | 17 ELMDALE STREET |
| 7 Oct 2021 | £142,182 | £128,500 | 38 SHIRLEY STREET |
This house has a floor area of 60 sq meters or 651 sq feet when measured on 16 Apr 2009. Using an estimated price of £170,644 means this house is valued at £2,817 per sq meter (£261 per sq foot).
The average size of a house on ELMDALE STREET is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Shirley Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Lane |