£147,720
This estimated value is based upon the latest sale price for the house of £110,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £110,000 | 6 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 748 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 May 2016 the House Price Index for LEICESTER was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £110,000 results in an estimated price of approximately £147,720.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £110,000 | £37,720 | £147,720 |
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 | 23.354 % | £25,689 | £135,689 |
| 3 Month Average | 50.176 % | £55,193 | £165,193 |
| 6 Month Average | 55.565 % | £61,121 | £171,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £136,655 | £135,000 | 33 HUGHENDEN DRIVE |
| 31 Aug 2022 | £189,490 | £190,000 | 4 OLIVER STREET |
| 18 Aug 2022 | £132,144 | £132,500 | 27 OLD SAFFRON LANE |
| 1 Feb 2022 | £187,716 | £179,000 | 116 SAFFRON LANE |
| 26 Oct 2021 | £142,736 | £129,000 | 37 HUGHENDEN DRIVE |
This house has a floor area of 69 sq meters or 748 sq feet when measured on 31 Jan 2011. Using an estimated price of £147,721 means this house is valued at £2,125 per sq meter (£197 per sq foot).
The average size of a house on SAFFRON LANE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Saffron Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Saffron Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Old Saffron Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawkins Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawkins Road |