£57,235
This estimated value is based upon the latest sale price for the house of £44,152 on 24 May 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £44,152 | 24 May 2017 |
| £97,500 | 24 May 2017 |
| £73,000 | 8 Apr 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2017 the House Price Index for LEICESTER was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £44,152 results in an estimated price of approximately £57,235.
| 24 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £44,152 | £13,083 | £57,235 |
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 | -13.001 % | £-5,740 | £38,411 |
| 3 Month Average | -26.126 % | £-11,535 | £32,616 |
| 6 Month Average | 0.469 % | £207 | £44,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £71,286 | £70,000 | APARTMENT 85 THE HORIZON, 2 NAVIGATION STREET |
| 9 Jun 2023 | £285,726 | £280,000 | 160 - 162 BELGRAVE GATE |
| 17 Mar 2023 | £71,138 | £69,950 | APARTMENT 69 THE HORIZON, 2 NAVIGATION STREET |
| 17 Mar 2023 | £182,803 | £179,750 | 144A BELGRAVE GATE |
| 29 Sep 2021 | £138,627 | £127,700 | 3 ORCHARD STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Oct 2021. Using an estimated price of £57,235 means this house is valued at £806 per sq meter (£74 per sq foot).
The average size of a house on ORCHARD STREET is 63 sq meters (686 sq feet).
This house is the largest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wood Street |
| Jul 2024 | Anti-social behaviour | On or near Wood Street | |
| Jul 2024 | Anti-social behaviour | On or near Wood Street | |
| Jul 2024 | Anti-social behaviour | On or near Wood Street |