£194,850
This estimated value is based upon the latest sale price for the house of £157,500 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £157,500 | 29 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2018 the House Price Index for LEICESTER was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £157,500 results in an estimated price of approximately £194,850.
| 29 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £157,500 | £37,350 | £194,850 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 45.470 % | £71,614 | £229,114 |
| 3 Month Average | 26.230 % | £41,311 | £198,811 |
| 6 Month Average | 31.050 % | £48,904 | £206,404 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Jan 2018.
The average size of a house on SMEDMORE ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Smedmore Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Smedmore Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Smedmore Road |
| Jan 2024 | Public order | Local resolution | On or near Smedmore Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Smedmore Road |