£171,984
This estimated value is based upon the latest sale price for the house of £123,500 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£123,500 | 20 Nov 2015 |
£25,032 | 6 Oct 1998 |
Terraced |
Freehold |
Floor Area: 38 sq meters or 409 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 November 2015 the House Price Index for LEICESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £123,500 results in an estimated price of approximately £171,984.
20 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £123,500 | £48,484 | £171,984 |
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 | 37.948 % | £46,866 | £170,366 |
3 Month Average | 40.385 % | £49,875 | £173,375 |
6 Month Average | 51.097 % | £63,105 | £186,605 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £267,967 | £264,000 | 5 KIMBERLEY ROAD |
7 Jul 2023 | £217,933 | £215,000 | 34 HERSCHELL STREET |
6 Jul 2022 | £290,783 | £290,000 | 32 KIMBERLEY ROAD |
17 Jun 2022 | £221,632 | £218,500 | 3 RIPON STREET |
10 Jun 2022 | £202,867 | £200,000 | 5 MUNDELLA STREET |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 11 Jun 2020. Using an estimated price of £171,984 means this house is valued at £4,525 per sq meter (£420 per sq foot).
The average size of a house on HERSCHELL STREET is 80 sq meters (871 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Herschell Street |
Dec 2023 | Violence and sexual offences | Local resolution | On or near Herschell Street |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Ripon Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ripon Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ripon Street |