£1,617,798
This estimated value is based upon the latest sale price for the house of £264,000 on 29 Aug 2024. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There have been two burglaries within the last year on or near Armston Road
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| Price Paid | Date |
|---|---|
| £264,000 | 29 Aug 2024 |
| £180,000 | 27 Oct 2004 |
| £92,500 | 29 Sep 2000 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in August 2024 the House Price Index for LEICESTERSHIRE was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £264,000 results in an estimated price of approximately £1,617,798.
| 29 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £264,000 | £1,353,798 | £1,617,798 |
The Postcode Pricing Model uses changes in average sales price within the LE12 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 | -2.219 % | £-5,859 | £258,140 |
| 3 Month Average | 4.646 % | £12,264 | £276,264 |
| 6 Month Average | 1.175 % | £3,102 | £267,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £445,329 | £437,000 | 108 LEICESTER ROAD |
| 28 Apr 2023 | £611,436 | £600,000 | WILLOW COTTAGE SCHOOL LANE |
| 6 Apr 2023 | £392,338 | £385,000 | 7A LEICESTER ROAD |
| 27 Jan 2023 | £155,415 | £155,000 | 32 THE MILLS |
| 12 Jan 2023 | £376,005 | £375,000 | 7 LEICESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Armston Road | |
| Sep 2024 | Anti-social behaviour | On or near Armston Road | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Armston Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Armston Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Armston Road |