£248,736
This estimated value is based upon the latest sale price for the house of £142,500 on 3 May 2006. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £142,500 | 3 May 2006 |
| £112,000 | 20 Feb 2004 |
| £53,000 | 29 Nov 2001 |
| 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 May 2006 the House Price Index for LEICESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £142,500 results in an estimated price of approximately £248,736.
| 3 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £142,500 | £106,236 | £248,736 |
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 | 99.661 % | £142,017 | £284,517 |
| 3 Month Average | 78.094 % | £111,283 | £253,783 |
| 6 Month Average | 79.943 % | £113,918 | £256,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £678,215 | £670,000 | 333 LONDON ROAD |
| 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 |
| 12 Apr 2022 | £144,172 | £140,000 | FLAT 1 ELSALENE COURT LONDON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Oct 2020. Using an estimated price of £248,737 means this house is valued at £3,454 per sq meter (£320 per sq foot).
The average size of a house on KNIGHTON DRIVE is 159 sq meters (1,721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Apr 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Apr 2024 | Other theft | Under investigation | 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 |