£300,516
This estimated value is based upon the latest sale price for the house of £290,000 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Hill Rise
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| Price Paid | Date |
|---|---|
| £290,000 | 23 Mar 2022 |
| £169,011 | 23 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 March 2022 the House Price Index for LEICESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £290,000 results in an estimated price of approximately £300,516.
| 23 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £290,000 | £10,516 | £300,516 |
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 | 5.338 % | £15,479 | £305,479 |
| 3 Month Average | -1.944 % | £-5,637 | £284,362 |
| 6 Month Average | 3.741 % | £10,849 | £300,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Dec 2023 | £274,808 | £270,000 | 32 HILL RISE |
| 22 Mar 2023 | £239,254 | £237,000 | 62 COLBY ROAD |
| 1 Sep 2022 | £282,717 | £285,000 | 30 HERRICKS AVENUE |
| 22 Jul 2022 | £255,688 | £255,000 | 17 HILL RISE |
| 16 May 2022 | £244,609 | £240,000 | 222 HUMBERSTONE LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 11 Feb 2015. Using an estimated price of £300,516 means this house is valued at £3,005 per sq meter (£279 per sq foot).
The average size of a house on HERRICKS AVENUE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hill Rise |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hill Rise |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hill Rise |
| Mar 2024 | Burglary | Under investigation | On or near Hill Rise |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Herricks Avenue |