£158,041
This estimated value is based upon the latest sale price for the house of £125,000 on 29 Jan 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£125,000 | 29 Jan 2018 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 January 2018 the House Price Index for LEICESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £125,000 results in an estimated price of approximately £158,041.
29 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £125,000 | £33,041 | £158,041 |
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 | 30.114 % | £37,642 | £162,642 |
3 Month Average | 41.087 % | £51,358 | £176,358 |
6 Month Average | 30.299 % | £37,874 | £162,874 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £230,860 | £225,000 | 100 MOUNTCASTLE ROAD |
29 Sep 2023 | £178,945 | £175,000 | 73 DANVERS ROAD |
24 Mar 2023 | £193,227 | £190,000 | 102 MOUNTCASTLE ROAD |
18 Jul 2022 | £178,791 | £177,000 | 66 DANVERS ROAD |
16 Mar 2022 | £187,908 | £180,000 | 72 DANVERS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Jun 2017. Using an estimated price of £158,041 means this house is valued at £1,975 per sq meter (£183 per sq foot).
The average size of a house on WOLVERTON ROAD is 82 sq meters (883 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lambert Road |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Lambert Road |
May 2024 | Public order | Unable to prosecute suspect | On or near Lambert Road |
May 2024 | Anti-social behaviour | On or near Lambert Road | |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Lambert Road |