£266,232
This estimated value is based upon the latest sale price for the house of £254,000 on 13 Jan 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There have been two burglaries within the last year on or near Hammercliffe Road
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| Price Paid | Date |
|---|---|
| £254,000 | 13 Jan 2022 |
| £29,000 | 11 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2022 the House Price Index for LEICESTER was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £254,000 results in an estimated price of approximately £266,232.
| 13 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £254,000 | £12,232 | £266,232 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | -63.050 % | £-160,147 | £93,852 |
| 3 Month Average | -8.679 % | £-22,045 | £231,954 |
| 6 Month Average | 0.321 % | £816 | £254,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2022 | £242,457 | £240,000 | 5 FOREST ROAD |
| 10 Jun 2022 | £71,727 | £71,000 | 298 MARTIN STREET |
| 20 May 2022 | £289,300 | £285,000 | 177 PRESTWOLD ROAD |
| 18 Feb 2022 | £237,092 | £227,000 | 157 HARRINGTON STREET |
| 13 Jan 2022 | £266,232 | £254,000 | 9 HAMMERCLIFFE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Nov 2021. Using an estimated price of £266,232 means this house is valued at £3,549 per sq meter (£329 per sq foot).
The average size of a house on HAMMERCLIFFE ROAD is 118 sq meters (1,270 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Hammercliffe Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hammercliffe Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hammercliffe Road |
| Jan 2024 | Burglary | Under investigation | On or near Hammercliffe Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hammercliffe Road |