£815,363
This estimated value is based upon the latest sale price for the house of £800,000 on 11 May 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £800,000 | 11 May 2022 |
| £724,000 | 10 Nov 2021 |
| Freehold |
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 2022 the House Price Index for LEICESTER was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £800,000 results in an estimated price of approximately £815,363.
| 11 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £800,000 | £15,363 | £815,363 |
The Postcode Pricing Model uses changes in average sales price within the LE1 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 | -90.313 % | £-722,499 | £77,500 |
| 3 Month Average | -31.947 % | £-255,576 | £544,423 |
| 6 Month Average | -21.700 % | £-173,600 | £626,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £176,544 | £175,000 | FLAT 2 THE PRINT ROOM, 1 RUPERT STREET |
| 28 Jul 2023 | £120,623 | £119,000 | FLAT 5 CHANCERY HOUSE, 7 MILLSTONE LANE |
| 10 Mar 2023 | £166,569 | £165,000 | FLAT 3 PHOENIX HOUSE, 3 BERRIDGE STREET |
| 11 May 2022 | £815,364 | £800,000 | 17 FRIAR LANE |
| 26 Jan 2022 | £263,102 | £250,000 | 35A MILLSTONE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Wycliffe Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wycliffe Street |
| Feb 2024 | Possession of weapons | Offender given a caution | On or near Wycliffe Street |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Wycliffe Street |
| Jan 2024 | Anti-social behaviour | On or near Berridge Street |