£192,443
This estimated value is based upon the latest sale price for the house of £115,000 on 17 May 2013. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 17 May 2013 |
| £120,525 | 16 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2013 the House Price Index for LEICESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £115,000 results in an estimated price of approximately £192,443.
| 17 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £115,000 | £77,443 | £192,443 |
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 | 48.433 % | £55,697 | £170,697 |
| 3 Month Average | 64.094 % | £73,708 | £188,708 |
| 6 Month Average | 74.728 % | £85,937 | £200,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £207,797 | £205,000 | 244 WESTERN ROAD |
| 23 Mar 2023 | £156,474 | £155,000 | 211 WESTERN ROAD |
| 24 Feb 2023 | £62,458 | £62,500 | 174 WATKIN ROAD |
| 11 Oct 2022 | £158,296 | £160,000 | APARTMENT 30 67 WATKIN ROAD |
| 26 Aug 2022 | £231,377 | £232,000 | 238 WATKIN ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 26 Nov 2021. Using an estimated price of £192,444 means this house is valued at £3,563 per sq meter (£331 per sq foot).
The average size of a house on WATKIN ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Watkin Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Watkin Road |
| Feb 2024 | Anti-social behaviour | On or near Watkin Road | |
| Feb 2024 | Anti-social behaviour | On or near Watkin Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watkin Road |