£139,062
This estimated value is based upon the latest sale price for the house of £106,500 on 17 Mar 2017. 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 Montvale Gardens
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| Price Paid | Date |
|---|---|
| £106,500 | 17 Mar 2017 |
| £125,995 | 17 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2017 the House Price Index for LEICESTER was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £106,500 results in an estimated price of approximately £139,062.
| 17 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £106,500 | £32,562 | £139,062 |
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 | 48.572 % | £51,728 | £158,228 |
| 3 Month Average | 44.329 % | £47,210 | £153,710 |
| 6 Month Average | 58.657 % | £62,469 | £168,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £279,084 | £272,000 | 3 LARCHMONT ROAD |
| 7 Aug 2023 | £295,327 | £290,000 | 3 GREENLAWN WALK |
| 14 Feb 2023 | £135,908 | £135,000 | 11F LARCHMONT ROAD |
| 31 Oct 2022 | £284,051 | £285,000 | 15 LARCHMONT ROAD |
| 3 May 2022 | £144,258 | £140,500 | 9E LARCHMONT ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 10 Apr 2014. Using an estimated price of £139,063 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on LARCHMONT ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Montvale Gardens |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montvale Gardens |
| Jun 2024 | Other theft | Under investigation | On or near Montvale Gardens |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Montvale Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montvale Gardens |