£425,781
This estimated value is based upon the latest sale price for the house of £250,000 on 13 Aug 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 13 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 42 sq meters or 452 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 August 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 70.312%.Applying this 70.312% change to the original purchase price of £250,000 results in an estimated price of approximately £425,781.
| 13 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £250,000 | £175,781 | £425,781 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 65.773 % | £164,432 | £414,432 |
| 3 Month Average | 56.730 % | £141,825 | £391,825 |
| 6 Month Average | 69.816 % | £174,539 | £424,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £277,427 | £275,000 | 36 MEREDITH ROAD |
| 27 Feb 2023 | £299,798 | £300,000 | 4 BARBARA ROAD |
| 6 Oct 2022 | £371,005 | £375,000 | 15 DUMBLETON AVENUE |
| 28 Jan 2022 | £278,888 | £265,000 | 18 BARBARA ROAD |
| 28 Sep 2021 | £296,338 | £275,000 | 19 SYBIL ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 6 Aug 2015. Using an estimated price of £425,781 means this house is valued at £10,137 per sq meter (£941 per sq foot).
The average size of a house on SOMERVILLE ROAD is 121 sq meters (1,304 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Barbara Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Barbara Road |
| Mar 2024 | Drugs | Under investigation | On or near Somerville Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Somerville Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerville Road |