£204,342
This estimated value is based upon the latest sale price for the house of £162,500 on 9 Apr 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £162,500 | 9 Apr 2018 |
| £44,000 | 11 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 851 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 April 2018 the House Price Index for LEICESTER was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £162,500 results in an estimated price of approximately £204,342.
| 9 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £162,500 | £41,842 | £204,342 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 25.808 % | £41,937 | £204,437 |
| 3 Month Average | 33.408 % | £54,288 | £216,788 |
| 6 Month Average | 38.998 % | £63,371 | £225,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £247,000 | £247,000 | 15 RAEBURN ROAD |
| 28 Mar 2024 | £274,213 | £270,000 | 71 GREENHILL ROAD |
| 25 Mar 2024 | £228,511 | £225,000 | 118 LORNE ROAD |
| 22 Sep 2023 | £209,621 | £205,000 | 221 AVENUE ROAD EXTENSION |
| 16 Jun 2023 | £438,793 | £430,000 | 83 GREENHILL ROAD |
This house has a floor area of 79 sq meters or 851 sq feet when measured on 1 Apr 2009. Using an estimated price of £204,342 means this house is valued at £2,582 per sq meter (£239 per sq foot).
The average size of a house on LORNE ROAD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |