£234,019
This estimated value is based upon the latest sale price for the house of £180,000 on 28 Feb 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 28 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2017 the House Price Index for LEICESTER was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £180,000 results in an estimated price of approximately £234,019.
| 28 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £180,000 | £54,019 | £234,019 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 70.252 % | £126,454 | £306,454 |
| 3 Month Average | 56.279 % | £101,301 | £281,301 |
| 6 Month Average | 70.453 % | £126,814 | £306,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £280,678 | £282,000 | 45 SHREWSBURY AVENUE |
| 12 Sep 2022 | £332,316 | £335,000 | 75 SKELTON DRIVE |
| 1 Jun 2022 | £259,670 | £256,000 | 13 SHREWSBURY AVENUE |
| 12 Apr 2022 | £362,489 | £352,000 | 4 SHREWSBURY AVENUE |
| 11 Mar 2022 | £275,646 | £266,000 | 17 SKELTON DRIVE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 16 Jan 2017. Using an estimated price of £234,020 means this house is valued at £1,683 per sq meter (£156 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skelton Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Skelton Drive |
| Feb 2024 | Other theft | Under investigation | On or near Chiltern Green |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chiltern Green |
| Jan 2024 | Drugs | Under investigation | On or near Oakdene Road |