£159,114
This estimated value is based upon the latest sale price for the house of £119,000 on 29 Apr 2016. 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 Richmond Avenue
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| Price Paid | Date |
|---|---|
| £119,000 | 29 Apr 2016 |
| £96,500 | 28 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2016 the House Price Index for LEICESTER was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £119,000 results in an estimated price of approximately £159,114.
| 29 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 146.7 | 33.710 % | £119,000 | £40,114 | £159,114 |
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 | 55.674 % | £66,251 | £185,251 |
| 3 Month Average | 47.720 % | £56,787 | £175,787 |
| 6 Month Average | 52.323 % | £62,264 | £181,264 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 6 Sep 2018.
The average size of a house on RICHMOND AVENUE is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richmond Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Richmond Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Avenue |