£157,053
This estimated value is based upon the latest sale price for the house of £30,000 on 27 Mar 1997. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £30,000 | 27 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 1997 the House Price Index for LEICESTER was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £30,000 results in an estimated price of approximately £157,053.
| 27 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.6 | 423.513 % | £30,000 | £127,053 | £157,053 |
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 | 460.965 % | £138,289 | £168,289 |
| 3 Month Average | 472.615 % | £141,784 | £171,784 |
| 6 Month Average | 475.664 % | £142,699 | £172,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £285,069 | £282,000 | 88 LANCASHIRE STREET |
| 21 Jul 2022 | £240,648 | £240,000 | 81 STAFFORD STREET |
| 11 Mar 2022 | £227,978 | £220,000 | 14 LANCASHIRE STREET |
| 3 Feb 2022 | £274,758 | £262,000 | 62 STAFFORD STREET |
| 4 Jan 2022 | £163,123 | £155,000 | 2 EDENSOR STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 3 Oct 2014. Using an estimated price of £157,054 means this house is valued at £2,379 per sq meter (£221 per sq foot).
The average size of a house on LANCASHIRE STREET is 92 sq meters (993 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lancashire Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancashire Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancashire Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancashire Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stafford Street |