£34,004
This estimated value is based upon the latest sale price for the house of £9,950 on 27 Apr 2001. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £9,950 | 27 Apr 2001 |
| £29,750 | 9 Aug 1996 |
| £8,250 | 23 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2001 the House Price Index for LEICESTER was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £9,950 results in an estimated price of approximately £34,004.
| 27 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £9,950 | £24,054 | £34,004 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 241.716 % | £24,050 | £34,000 |
| 3 Month Average | 240.845 % | £23,964 | £33,914 |
| 6 Month Average | 263.802 % | £26,248 | £36,198 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Oct 2013.
The average size of a house on MORCOTE ROAD is 111 sq meters (1,201 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Morcote Road |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Morcote Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Morcote Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morcote Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morcote Road |