£221,283
This estimated value is based upon the latest sale price for the house of £130,000 on 2 Jul 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 2 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2012 the House Price Index for LEICESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £130,000 results in an estimated price of approximately £221,283.
| 2 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £130,000 | £91,283 | £221,283 |
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 | 60.760 % | £78,987 | £208,987 |
| 3 Month Average | 72.287 % | £93,972 | £223,972 |
| 6 Month Average | 77.735 % | £101,055 | £231,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £240,000 | £240,000 | 46 CHEPSTOW ROAD |
| 19 Dec 2023 | £198,473 | £195,000 | 34 KINGSTON ROAD |
| 2 Mar 2023 | £247,330 | £245,000 | 25 CHEPSTOW ROAD |
| 10 Jun 2022 | £197,795 | £195,000 | 26 CROMER STREET |
| 7 Jun 2022 | £223,154 | £220,000 | 18 CROMER STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Jun 2012. Using an estimated price of £221,283 means this house is valued at £2,766 per sq meter (£256 per sq foot).
The average size of a house on CHEPSTOW ROAD is 97 sq meters (1,054 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cromer Street |
| Dec 2023 | Anti-social behaviour | On or near Cromer Street | |
| Dec 2023 | Anti-social behaviour | On or near Cromer Street | |
| Dec 2023 | Anti-social behaviour | On or near Cromer Street | |
| Dec 2023 | Anti-social behaviour | On or near Cromer Street |