£147,065
This estimated value is based upon the latest sale price for the house of £119,000 on 9 Dec 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £119,000 | 9 Dec 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 680 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 December 2019 the House Price Index for LEICESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £119,000 results in an estimated price of approximately £147,065.
| 9 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £119,000 | £28,065 | £147,065 |
The Postcode Pricing Model uses changes in average sales price within the LE1 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 | -54.679 % | £-65,067 | £53,932 |
| 3 Month Average | -45.956 % | £-54,688 | £64,311 |
| 6 Month Average | -25.892 % | £-30,811 | £88,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2024 | £78,000 | £78,000 | APARTMENT 150 ALEXANDRA HOUSE, 47 RUTLAND STREET |
| 18 Aug 2023 | £117,112 | £115,000 | APARTMENT 61 ALEXANDRA HOUSE, 47 RUTLAND STREET |
| 25 Apr 2023 | £57,577 | £56,500 | APARTMENT 52 ALEXANDRA HOUSE, 47 RUTLAND STREET |
| 19 Apr 2023 | £81,525 | £80,000 | APARTMENT 135 ALEXANDRA HOUSE, 47 RUTLAND STREET |
| 20 Jan 2023 | £82,721 | £82,500 | FLAT 3 DEUCE HOUSE, 20 WIMBLEDON STREET |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 26 Jul 2011. Using an estimated price of £147,066 means this house is valued at £2,327 per sq meter (£216 per sq foot).
The average size of a house on RUTLAND STREET is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wimbledon Street |
| Oct 2024 | Public order | Under investigation | On or near Wimbledon Street |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Wimbledon Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wimbledon Street |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wimbledon Street |