£261,272
This estimated value is based upon the latest sale price for the house of £109,500 on 29 May 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £109,500 | 29 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2003 the House Price Index for LEICESTER was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £109,500 results in an estimated price of approximately £261,272.
| 29 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £109,500 | £151,772 | £261,272 |
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 | -10.763 % | £-11,785 | £97,714 |
| 3 Month Average | 6.436 % | £7,047 | £116,547 |
| 6 Month Average | 58.236 % | £63,768 | £173,268 |
| 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 65 sq meters or 699 sq feet when measured on 11 Dec 2021. Using an estimated price of £261,272 means this house is valued at £4,019 per sq meter (£373 per sq foot).
The average size of a house on ORCHARD STREET is 64 sq meters (699 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 |