£157,117
This estimated value is based upon the latest sale price for the house of £127,500 on 20 Apr 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £127,500 | 20 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2018 the House Price Index for LEICESTER was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £127,500 results in an estimated price of approximately £157,117.
| 20 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £127,500 | £29,617 | £157,117 |
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 | 18.241 % | £23,257 | £150,757 |
| 3 Month Average | 22.789 % | £29,055 | £156,555 |
| 6 Month Average | 30.316 % | £38,652 | £166,152 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 15 Mar 2018.
The average size of a house on VALENCE ROAD is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Digby Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Digby Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Digby Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Digby Close |
| Mar 2024 | Drugs | Local resolution | On or near Guthridge Crescent |