£179,879
This estimated value is based upon the latest sale price for the house of £86,000 on 24 Feb 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £86,000 | 24 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 891 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 2004 the House Price Index for LEICESTER was 70.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 109.162%.Applying this 109.162% change to the original purchase price of £86,000 results in an estimated price of approximately £179,879.
| 24 Feb 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 146.7 | 109.162 % | £86,000 | £93,879 | £179,879 |
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 | 97.125 % | £83,527 | £169,527 |
| 3 Month Average | 95.251 % | £81,915 | £167,915 |
| 6 Month Average | 109.492 % | £94,163 | £180,163 |
This house has a floor area of 82 sq meters or 891 sq feet when measured on 5 Jan 2012.
The average size of a house on VERNON ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vernon Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Vernon Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Vernon Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vernon Road |
| Jan 2024 | Anti-social behaviour | On or near Vernon Road |