£175,873
This estimated value is based upon the latest sale price for the house of £125,000 on 21 Oct 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£125,000 | 21 Oct 2015 |
£37,000 | 11 Aug 2000 |
£46,000 | 8 Aug 2000 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 October 2015 the House Price Index for LEICESTER was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £125,000 results in an estimated price of approximately £175,873.
21 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £125,000 | £50,873 | £175,873 |
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 | 28.952 % | £36,190 | £161,190 |
3 Month Average | 40.812 % | £51,014 | £176,014 |
6 Month Average | 53.474 % | £66,843 | £191,843 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £182,705 | £180,000 | 221 DUNCAN ROAD |
24 Aug 2023 | £201,765 | £200,000 | 148 VERNON ROAD |
27 Apr 2023 | £176,905 | £175,000 | 216 MILLIGAN ROAD |
21 Apr 2023 | £192,068 | £190,000 | 174 VERNON ROAD |
27 Feb 2023 | £269,818 | £270,000 | 215 VERNON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Jun 2015. Using an estimated price of £175,873 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on VERNON ROAD is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Manners Road | |
Feb 2024 | Anti-social behaviour | On or near Manners Road | |
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 |