£231,969
This estimated value is based upon the latest sale price for the house of £123,950 on 11 Feb 2005. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£123,950 | 11 Feb 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 February 2005 the House Price Index for LEICESTER was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £123,950 results in an estimated price of approximately £231,969.
11 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 148.6 | 87.147 % | £123,950 | £108,019 | £231,969 |
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 | 80.416 % | £99,675 | £223,625 |
3 Month Average | 71.729 % | £88,907 | £212,857 |
6 Month Average | 74.447 % | £92,277 | £216,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £113,624 | £115,000 | FLAT 96 THE RIVER BUILDINGS, 30 - 32 WESTERN ROAD |
21 Oct 2022 | £123,668 | £125,000 | FLAT 86 THE RIVER BUILDINGS, 28 WESTERN ROAD |
13 Oct 2022 | £93,988 | £95,000 | FLAT 23 THE RIVER BUILDINGS, 24 WESTERN ROAD |
22 Oct 2021 | £109,541 | £99,000 | FLAT 42 THE RIVER BUILDINGS, 26 WESTERN ROAD |
26 Oct 2020 | £124,347 | £106,000 | FLAT 28 THE RIVER BUILDINGS, 26 WESTERN ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 1 Jun 2009. Using an estimated price of £231,969 means this house is valued at £4,376 per sq meter (£406 per sq foot).
The average size of a house on WESTERN ROAD is 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Bede Street | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bede Street |
Feb 2024 | Anti-social behaviour | On or near Bede Street | |
Feb 2024 | Anti-social behaviour | On or near Bede Street | |
Feb 2024 | Anti-social behaviour | On or near Bede Street |