£322,170
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £325,000 | 27 Jan 2023 |
| £300,000 | 30 Jan 2017 |
| Freehold |
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 2023 the House Price Index for LEICESTER was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £325,000 results in an estimated price of approximately £322,170.
| 27 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £325,000 | £-2,829 | £322,170 |
The Postcode Pricing Model uses changes in average sales price within the LE1 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 | -76.700 % | £-249,275 | £75,724 |
| 3 Month Average | -39.033 % | £-126,856 | £198,143 |
| 6 Month Average | -14.982 % | £-48,691 | £276,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £192,471 | £190,000 | STUDIO 2 PHOENIX SQUARE, 15 MORLEDGE STREET |
| 27 Jan 2023 | £322,170 | £325,000 | 11 MIDLAND STREET |
| 27 Jan 2023 | £208,171 | £210,000 | QUEEN VICTORIA PUBLIC HOUSE, 28 SOUTHAMPTON STREET |
| 27 May 2022 | £105,569 | £104,000 | FLAT 116 THE ATRIUM, 2 MORLEDGE STREET |
| 3 Feb 2022 | £83,557 | £80,000 | FLAT 220 THE ATRIUM, 2 MORLEDGE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Burton Street | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Burton Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Burton Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burton Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morledge Street |