£139,122
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Princess Road Backways
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Price Paid | Date |
---|---|
£120,000 | 27 Nov 2020 |
Flats/Maisonettes |
Leasehold |
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 2020 the House Price Index for LEICESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £120,000 results in an estimated price of approximately £139,122.
27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £120,000 | £19,122 | £139,122 |
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 | -74.275 % | £-89,129 | £30,870 |
3 Month Average | -42.800 % | £-51,360 | £68,639 |
6 Month Average | -22.931 % | £-27,517 | £92,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £221,942 | £220,000 | FLAT 12 THE PICK BUILDING, 70 WELLINGTON STREET |
23 Aug 2023 | £453,971 | £450,000 | MICHAEL WOOD CENTRE, 53 REGENT ROAD |
30 Mar 2023 | £176,664 | £175,000 | FLAT 33 THE PICK BUILDING, 70 WELLINGTON STREET |
13 Mar 2023 | £227,140 | £225,000 | FLAT 27 THE PICK BUILDING, 70 WELLINGTON STREET |
25 Nov 2022 | £104,731 | £106,000 | FLAT 4 5 TURNER STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Princess Road Backways |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Princess Road Backways |
Apr 2024 | Anti-social behaviour | On or near Princess Road Backways | |
Apr 2024 | Burglary | Under investigation | On or near Princess Road Backways |
Mar 2024 | Public order | Local resolution | On or near Princess Road Backways |