£559,313
This estimated value is based upon the latest sale price for the house of £430,000 on 21 Nov 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £430,000 | 21 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 2016 the House Price Index for LEICESTER was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £430,000 results in an estimated price of approximately £559,313.
| 21 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £430,000 | £129,313 | £559,313 |
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 | -0.926 % | £-3,980 | £426,019 |
| 3 Month Average | 24.157 % | £103,877 | £533,877 |
| 6 Month Average | 38.831 % | £166,971 | £596,971 |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 10 Nov 2014.
The average size of a house on SHANKLIN AVENUE is 137 sq meters (1,477 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Stockwell Road | |
| Mar 2024 | Drugs | Local resolution | On or near Stockwell Road |