£180,082
This estimated value is based upon the latest sale price for the house of £126,000 on 19 Aug 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £126,000 | 19 Aug 2015 |
| £105,000 | 24 Feb 2006 |
| £62,750 | 24 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2015 the House Price Index for LEICESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £126,000 results in an estimated price of approximately £180,082.
| 19 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £126,000 | £54,082 | £180,082 |
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 | 47.627 % | £60,010 | £186,010 |
| 3 Month Average | 53.377 % | £67,255 | £193,255 |
| 6 Month Average | 57.078 % | £71,918 | £197,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £203,562 | £200,000 | 169 OVERPARK AVENUE |
| 22 Sep 2023 | £236,018 | £233,000 | 143 OVERPARK AVENUE |
| 28 Apr 2023 | £237,558 | £235,000 | 12 ELMSTHORPE RISE |
| 14 Nov 2022 | £235,152 | £238,000 | 118 OVERPARK AVENUE |
| 19 Aug 2022 | £119,678 | £120,000 | 137 OVERPARK AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 May 2015. Using an estimated price of £180,083 means this house is valued at £2,069 per sq meter (£192 per sq foot).
The average size of a house on ELMSTHORPE RISE is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Elmsthorpe Rise |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmsthorpe Rise |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmsthorpe Rise |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmsthorpe Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thurlington Road |