£137,827
This estimated value is based upon the latest sale price for the house of £113,000 on 8 Jan 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £113,000 | 8 Jan 2020 |
| £110,000 | 30 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 January 2020 the House Price Index for LEICESTER was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £113,000 results in an estimated price of approximately £137,827.
| 8 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £113,000 | £24,827 | £137,827 |
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 | 24.392 % | £27,562 | £140,562 |
| 3 Month Average | 20.419 % | £23,073 | £136,073 |
| 6 Month Average | 26.325 % | £29,747 | £142,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £103,909 | £103,000 | FLAT 3 20 THE NEWARKE |
| 30 Jun 2023 | £91,104 | £90,000 | FLAT 11 20 THE NEWARKE |
| 30 Jun 2023 | £123,496 | £122,000 | 60 BEDE STREET |
| 16 Jun 2023 | £116,410 | £115,000 | FLAT 1 THE WATERFRONT, 2 DUNS LANE |
| 13 Jun 2023 | £111,349 | £110,000 | FLAT 5 20 THE NEWARKE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 29 Aug 2013. Using an estimated price of £137,828 means this house is valued at £1,621 per sq meter (£150 per sq foot).
The average size of a house on THE NEWARKE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Newarke |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Newarke |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Newarke |
| Feb 2024 | Other theft | Local resolution | On or near The Newarke |
| Feb 2024 | Bicycle theft | Under investigation | On or near The Newarke |