£201,140
This estimated value is based upon the latest sale price for the house of £167,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £167,000 | 27 Mar 2020 |
| £124,000 | 21 Jul 2009 |
| £120,000 | 16 Sep 2005 |
| £49,000 | 12 Jul 2001 |
| £42,000 | 10 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2020 the House Price Index for LEICESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £167,000 results in an estimated price of approximately £201,140.
| 27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £167,000 | £34,140 | £201,140 |
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 | 23.331 % | £38,962 | £205,962 |
| 3 Month Average | 17.511 % | £29,242 | £196,242 |
| 6 Month Average | 24.555 % | £41,006 | £208,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £176,905 | £175,000 | 216 MILLIGAN ROAD |
| 21 Apr 2023 | £192,068 | £190,000 | 174 VERNON ROAD |
| 10 Mar 2023 | £201,902 | £200,000 | 14 HANDLEY STREET |
| 27 Feb 2023 | £269,818 | £270,000 | 215 VERNON ROAD |
| 12 Aug 2022 | £172,037 | £172,500 | 199 MILLIGAN ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 14 Sep 2018. Using an estimated price of £201,141 means this house is valued at £2,338 per sq meter (£217 per sq foot).
The average size of a house on MILLIGAN ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Milligan Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milligan Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milligan Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milligan Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Handley Street |