£163,107
This estimated value is based upon the latest sale price for the house of £38,000 on 2 Aug 1999. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £38,000 | 2 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 August 1999 the House Price Index for LEICESTER was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £38,000 results in an estimated price of approximately £163,107.
| 2 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £38,000 | £125,107 | £163,107 |
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 | 340.036 % | £129,213 | £167,213 |
| 3 Month Average | 318.981 % | £121,212 | £159,212 |
| 6 Month Average | 326.187 % | £123,950 | £161,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £420,473 | £425,000 | 62 KNIGHTON DRIVE |
| 12 Aug 2022 | £1,154,393 | £1,157,500 | 16 KNIGHTON ROAD |
| 30 Jun 2022 | £715,106 | £705,000 | 55 KNIGHTON DRIVE |
| 17 Dec 2021 | £128,565 | £120,000 | 6 RATCLIFFE COURT |
| 21 Aug 2020 | £149,883 | £125,000 | 21 RATCLIFFE COURT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Feb 2014. Using an estimated price of £163,108 means this house is valued at £2,265 per sq meter (£210 per sq foot).
The average size of a house on KNIGHTON DRIVE is 159 sq meters (1,721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knighton Drive |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Knighton Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ratcliffe Court |
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court |