£121,678
This estimated value is based upon the latest sale price for the house of £35,500 on 25 May 2001. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £35,500 | 25 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2001 the House Price Index for LEICESTER was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £35,500 results in an estimated price of approximately £121,678.
| 25 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £35,500 | £86,178 | £121,678 |
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 | 262.881 % | £93,322 | £128,822 |
| 3 Month Average | 240.738 % | £85,461 | £120,961 |
| 6 Month Average | 267.694 % | £95,031 | £130,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £259,825 | £260,000 | 1 WHITTENEY DRIVE NORTH |
| 28 Oct 2022 | £232,497 | £235,000 | 23 THE SLADE GREENS |
| 9 May 2022 | £229,373 | £225,051 | 5 WHITTENEY DRIVE NORTH |
| 14 Apr 2022 | £180,215 | £175,000 | 63 STURDEE ROAD |
| 11 Feb 2022 | £225,994 | £215,500 | 30 WHITTENEY DRIVE NORTH |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Oct 2015. Using an estimated price of £121,679 means this house is valued at £1,738 per sq meter (£161 per sq foot).
The average size of a house on STURDEE ROAD is 78 sq meters (845 sq feet).