£276,799
This estimated value is based upon the latest sale price for the house of £161,950 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £161,950 | 23 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 38 sq meters or 414 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 2012 the House Price Index for LEICESTER was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £161,950 results in an estimated price of approximately £276,799.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £161,950 | £114,849 | £276,799 |
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 | 81.986 % | £132,776 | £294,726 |
| 3 Month Average | 67.371 % | £109,107 | £271,057 |
| 6 Month Average | 72.282 % | £117,060 | £279,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £262,473 | £260,000 | 5 WARD CLOSE |
| 1 Nov 2022 | £250,466 | £253,500 | 3 DISRAELI STREET |
| 20 Dec 2021 | £224,989 | £210,000 | 8 WARD CLOSE |
| 17 Dec 2021 | £267,844 | £250,000 | 4 MALLARD CLOSE |
| 5 Nov 2021 | £210,895 | £195,000 | 2 GRANBY ROAD |
This house has a floor area of 38 sq meters or 414 sq feet when measured on 17 Aug 2011. Using an estimated price of £276,799 means this house is valued at £7,182 per sq meter (£667 per sq foot).
The average size of a house on MALLARD CLOSE is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mallard Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Disraeli Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Granby Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Granby Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Hall Lane |