£71,770
This estimated value is based upon the latest sale price for the house of £60,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 11 Sep 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 September 2020 the House Price Index for LEICESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £60,000 results in an estimated price of approximately £71,770.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £60,000 | £11,770 | £71,770 |
The Postcode Pricing Model uses changes in average sales price within the LE1 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 | -9.723 % | £-5,833 | £54,166 |
| 3 Month Average | -5.862 % | £-3,517 | £56,482 |
| 6 Month Average | 25.060 % | £15,035 | £75,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £56,432 | £55,000 | FLAT 316 THE EXCHANGE, 5 LEE STREET |
| 27 Sep 2023 | £153,381 | £150,000 | UNIT 1A ST. MATTHEWS BUSINESS CENTRE GOWER STREET |
| 7 Aug 2023 | £977,633 | £960,000 | 4 WHEAT STREET |
| 21 Apr 2023 | £91,715 | £90,000 | FLAT 115 THE EXCHANGE, 5 LEE STREET |
| 11 Jan 2023 | £171,458 | £171,000 | 51 WHARF STREET SOUTH |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Jul 2020. Using an estimated price of £71,770 means this house is valued at £983 per sq meter (£91 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lethbridge Close |
| Jun 2024 | Anti-social behaviour | On or near Lethbridge Close | |
| Jun 2024 | Anti-social behaviour | On or near Lethbridge Close | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lethbridge Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lethbridge Close |