£253,509
This estimated value is based upon the latest sale price for the house of £49,950 on 4 Aug 1997. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £49,950 | 4 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 1997 the House Price Index for LEICESTER was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £49,950 results in an estimated price of approximately £253,509.
| 4 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £49,950 | £203,559 | £253,509 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 373.162 % | £186,394 | £236,344 |
| 3 Month Average | 430.146 % | £214,858 | £264,808 |
| 6 Month Average | 403.832 % | £201,714 | £251,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £90,000 | £90,000 | FLAT 24 REGENCY COURT, 120 - 128 HINCKLEY ROAD |
| 8 Dec 2023 | £149,597 | £145,000 | 91 LINKWAY GARDENS |
| 19 Oct 2023 | £107,440 | £105,000 | FLAT 2 REGENCY COURT, 120 - 128 HINCKLEY ROAD |
| 16 Jan 2023 | £145,388 | £145,000 | 59 LINKWAY GARDENS |
| 23 Aug 2022 | £246,151 | £245,000 | 1 STRETTON ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 26 Mar 2012. Using an estimated price of £253,509 means this house is valued at £5,064 per sq meter (£470 per sq foot).
The average size of a house on HINCKLEY ROAD is 103 sq meters (1,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Stretton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stretton Road |
| Oct 2024 | Shoplifting | Under investigation | On or near Stretton Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stretton Road |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stretton Road |