£158,494
This estimated value is based upon the latest sale price for the house of £48,000 on 5 Sep 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£48,000 | 5 Sep 2001 |
£44,000 | 22 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in September 2001 the House Price Index for LEICESTERSHIRE was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £48,000 results in an estimated price of approximately £158,494.
5 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 149.7 | 230.197 % | £48,000 | £110,494 | £158,494 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 198.556 % | £95,307 | £143,307 |
3 Month Average | 221.542 % | £106,339 | £154,339 |
6 Month Average | 202.955 % | £97,418 | £145,418 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £148,786 | £146,500 | 7 CLARENCE ROAD |
30 Nov 2023 | £533,544 | £520,000 | GRASMERE, 64 CLARENCE ROAD |
31 Oct 2023 | £184,183 | £180,000 | 30 CLARENCE ROAD |
1 Sep 2023 | £142,133 | £139,000 | 93C LONDON ROAD |
25 Aug 2023 | £152,755 | £150,000 | 41 CLARENCE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 22 Sep 2021. Using an estimated price of £158,495 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on CLARENCE ROAD is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Unable to prosecute suspect | On or near Clarence Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
Aug 2024 | Drugs | Local resolution | On or near Park Road |