£164,612
This estimated value is based upon the latest sale price for the house of £127,000 on 7 Mar 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £127,000 | 7 Mar 2017 |
| £118,000 | 18 Dec 2009 |
| £125,000 | 8 Feb 2007 |
| £94,950 | 5 Sep 2003 |
| £55,000 | 23 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 853 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 March 2017 the House Price Index for LEICESTER was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £127,000 results in an estimated price of approximately £164,612.
| 7 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £127,000 | £37,612 | £164,612 |
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 | 24.657 % | £31,314 | £158,314 |
| 3 Month Average | 42.459 % | £53,922 | £180,922 |
| 6 Month Average | 45.761 % | £58,116 | £185,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £196,946 | £193,500 | 5 CHESHIRE GARDENS |
| 4 Aug 2023 | £901,890 | £894,000 | 12A SAFFRON WAY |
| 13 Jul 2023 | £197,660 | £195,000 | 115 BURGESS ROAD |
| 8 Feb 2023 | £214,855 | £215,000 | 3 CHESHIRE GARDENS |
| 3 Feb 2023 | £149,899 | £150,000 | 24 CHESHIRE GARDENS |
This house has a floor area of 79 sq meters or 853 sq feet when measured on 12 Aug 2009. Using an estimated price of £164,612 means this house is valued at £2,075 per sq meter (£192 per sq foot).
The average size of a house on MILLIGAN ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Saffron Way |
| Mar 2024 | Robbery | Under investigation | On or near Cheshire Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheshire Gardens |
| Jan 2024 | Anti-social behaviour | On or near Cheshire Gardens | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Cheshire Gardens |