£592,072
This estimated value is based upon the latest sale price for the house of £480,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £480,000 | 23 Feb 2018 |
| £135,000 | 22 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 389 sq meters or 4,187 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 2018 the House Price Index for LEICESTER was 118.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.348%.Applying this 23.348% change to the original purchase price of £480,000 results in an estimated price of approximately £592,072.
| 23 Feb 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 146.7 | 23.348 % | £480,000 | £112,072 | £592,072 |
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 | 26.633 % | £127,840 | £607,840 |
| 3 Month Average | 24.808 % | £119,078 | £599,078 |
| 6 Month Average | 31.279 % | £150,141 | £630,141 |
This house has a floor area of 389 sq meters or 4,187 sq feet when measured on 17 Oct 2012.
The average size of a house on WESTERN PARK ROAD is 188 sq meters (2,029 sq feet).
This house is the largest in the street with a floor area of 389 sq meters (4,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Park Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Park Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Park Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellor Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mellor Road |