£161,426
This estimated value is based upon the latest sale price for the house of £131,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There have been two burglaries within the last year on or near Ratcliffe Court
More crime details
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| Price Paid | Date |
|---|---|
| £131,000 | 2 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 November 2018 the House Price Index for LEICESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £131,000 results in an estimated price of approximately £161,426.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £131,000 | £30,426 | £161,426 |
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 | 15.541 % | £20,358 | £151,358 |
| 3 Month Average | 22.698 % | £29,734 | £160,734 |
| 6 Month Average | 29.597 % | £38,772 | £169,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £420,473 | £425,000 | 62 KNIGHTON DRIVE |
| 12 Aug 2022 | £1,154,393 | £1,157,500 | 16 KNIGHTON ROAD |
| 30 Jun 2022 | £715,106 | £705,000 | 55 KNIGHTON DRIVE |
| 17 Dec 2021 | £128,565 | £120,000 | 6 RATCLIFFE COURT |
| 21 Aug 2020 | £149,883 | £125,000 | 21 RATCLIFFE COURT |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 30 May 2018. Using an estimated price of £161,427 means this house is valued at £2,603 per sq meter (£241 per sq foot).
The average size of a house on RATCLIFFE COURT is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ratcliffe Court |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ratcliffe Court |