£142,227
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 74.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 39.438%.Applying this 39.438% change to the original purchase price of £102,000 results in an estimated price of approximately £142,227.
12 Aug 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
74.8 | 104.3 | 39.438 % | £102,000 | £40,227 | £142,227 |
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 | 27.403 % | £27,951 | £129,951 |
3 Month Average | 106.769 % | £108,904 | £210,904 |
6 Month Average | 69.667 % | £71,060 | £173,060 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2025 | £80,000 | £80,000 | FLAT 411 THE ATRIUM, 2 MORLEDGE STREET |
26 Feb 2025 | £137,103 | £135,000 | FLAT 301 THE ATRIUM, 2 MORLEDGE STREET |
20 Sep 2024 | £78,697 | £75,000 | FLAT 2 DEUCE HOUSE, 20 WIMBLEDON STREET |
8 Dec 2023 | £100,970 | £94,000 | FLAT 413 THE ATRIUM, 2 MORLEDGE STREET |
15 Nov 2023 | £101,522 | £95,000 | FLAT 203 THE ATRIUM, 2 MORLEDGE 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 £142,227 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on MORLEDGE STREET is 65 sq meters (700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Other crime | Under investigation | On or near Morledge Street |
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Morledge Street |
Feb 2025 | Anti-social behaviour | On or near Morledge Street | |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Morledge Street |
Feb 2025 | Anti-social behaviour | On or near Morledge Street |