£634,918
This estimated value is based upon the latest sale price for the house of £375,000 on 10 Feb 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £375,000 | 10 Feb 2012 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,749 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 February 2012 the House Price Index for LEICESTER was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.312%.Applying this 69.312% change to the original purchase price of £375,000 results in an estimated price of approximately £634,918.
| 10 Feb 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.312 % | £375,000 | £259,918 | £634,918 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 90.564 % | £339,613 | £714,613 |
| 3 Month Average | 73.597 % | £275,989 | £650,989 |
| 6 Month Average | 80.586 % | £302,199 | £677,199 |
This house has a floor area of 162 sq meters or 1,749 sq feet when measured on 1 Dec 2011.
The average size of a house on SPENCEFIELD LANE is 161 sq meters (1,737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spencefield Gardens | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spencefield Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencefield Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Spencefield Gardens |
| Jan 2024 | Anti-social behaviour | On or near Spencefield Gardens |