£274,057
This estimated value is based upon the latest sale price for the house of £270,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£270,000 | 10 Nov 2023 |
£198,000 | 24 Jan 2014 |
£28,000 | 24 Oct 1997 |
Terraced |
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 November 2023 the House Price Index for LEICESTER was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £270,000 results in an estimated price of approximately £274,057.
10 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £270,000 | £4,057 | £274,057 |
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 | 24.209 % | £65,364 | £335,364 |
3 Month Average | -4.222 % | £-11,398 | £258,601 |
6 Month Average | 2.938 % | £7,931 | £277,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £375,000 | £375,000 | 54 MELBOURNE STREET |
10 Nov 2023 | £274,057 | £270,000 | 2 BERNERS STREET |
28 Apr 2023 | £217,340 | £215,000 | 35 BERNERS STREET |
28 Mar 2022 | £168,393 | £162,500 | 1 MENSA CLOSE |
8 Dec 2021 | £131,244 | £122,500 | 27 JUPITER CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Wilson Street | |
Jan 2024 | Anti-social behaviour | On or near Wilson Street | |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Wilson Street |
Jan 2024 | Anti-social behaviour | On or near Wilson Street | |
Mar 2024 | Burglary | Under investigation | On or near Polaris Close |