£178,343
This estimated value is based upon the latest sale price for the house of £132,950 on 25 Jul 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £132,950 | 25 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2016 the House Price Index for LEICESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £132,950 results in an estimated price of approximately £178,343.
| 25 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £132,950 | £45,393 | £178,343 |
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 | 47.581 % | £63,258 | £196,208 |
| 3 Month Average | 63.663 % | £84,639 | £217,589 |
| 6 Month Average | 53.351 % | £70,930 | £203,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £165,072 | £160,000 | 62 BRUCE STREET |
| 30 Nov 2023 | £190,030 | £185,206 | 59 BRUCE STREET |
| 14 Aug 2023 | £183,306 | £180,000 | 60 BRUCE STREET |
| 29 Apr 2022 | £186,736 | £180,000 | 118 WILBERFORCE ROAD |
| 28 Oct 2021 | £183,920 | £165,000 | 69 WILBERFORCE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Nov 2015. Using an estimated price of £178,344 means this house is valued at £2,257 per sq meter (£209 per sq foot).
The average size of a house on WILBERFORCE ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Sheffield Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Sheffield Street |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Sheffield Street |
| Jul 2024 | Drugs | Local resolution | On or near Sheffield Street |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Sheffield Street |