£136,808
This estimated value is based upon the latest sale price for the house of £102,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £102,000 | 12 Aug 2016 |
| £179,584 | 12 May 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2016 the House Price Index for LEICESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £102,000 results in an estimated price of approximately £136,808.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £102,000 | £34,808 | £136,808 |
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 | -21.806 % | £-22,242 | £79,757 |
| 3 Month Average | -4.184 % | £-4,267 | £97,732 |
| 6 Month Average | 34.246 % | £34,931 | £136,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £120,000 | £120,000 | FLAT 313 THE ATRIUM, 2 MORLEDGE STREET |
| 15 Nov 2023 | £97,474 | £95,000 | FLAT 203 THE ATRIUM, 2 MORLEDGE STREET |
| 12 Oct 2023 | £94,138 | £92,000 | FLAT 205 THE ATRIUM, 2 MORLEDGE STREET |
| 4 Aug 2023 | £127,296 | £125,000 | FLAT 213 THE ATRIUM, 2 MORLEDGE STREET |
| 20 Jan 2023 | £82,721 | £82,500 | FLAT 3 DEUCE HOUSE, 20 WIMBLEDON STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Sep 2015. Using an estimated price of £136,809 means this house is valued at £1,848 per sq meter (£171 per sq foot).
The average size of a house on MORLEDGE STREET is 64 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morledge Street |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Morledge Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Morledge Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morledge Street |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Morledge Street |