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|£351,600||3 Aug 2020|
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 2020 the House Price Index for LEICESTER was 139.2.The House Price Index as of 1 Dec 2019 is 139.2 which is a change of 0.000%.
Applying this 0.000% change to the original purchase price of £351,600 gives us an estimated price now of around £351,600.
|3 Aug 2020||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the LE4 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||0.000 %||£0||£351,600|
|3 Month Average||0.000 %||£0||£351,600|
|6 Month Average||0.000 %||£0||£351,600|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In August 2020 the average sale price for the 50 nearest sales within three miles of 23 HIGH VIEW CLOSE was £206,113.
In September 2020 the average sale price for the 4 nearest sales was £284,991. This is a change of 38.269%.
So taking the original purchase price of £351,600 and adjusting it by 38.269% gives an estimated price of £486,154.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 3 Aug 2020||Average price on 29 Sep 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|30 Jul 2019||£1,179,040||£1,140,000||26 WENLOCK WAY|
|19 Jul 2019||£167,548||£162,000||12 GRIMSTON CLOSE|
|15 Apr 2019||£227,281||£210,000||40 BARKBYTHORPE ROAD|
|26 Mar 2019||£521,476||£475,000||15 PROGRESS WAY|
|14 Feb 2019||£298,518||£275,000||15 HIGHCLIFFE ROAD|