£172,389
This estimated value is based upon the latest sale price for the house of £150,000 on 26 Jul 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 26 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2021 the House Price Index for LEICESTER was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £150,000 results in an estimated price of approximately £172,389.
| 26 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £150,000 | £22,389 | £172,389 |
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 | 13.587 % | £20,381 | £170,381 |
| 3 Month Average | -13.539 % | £-20,308 | £129,691 |
| 6 Month Average | -9.021 % | £-13,531 | £136,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £272,383 | £270,000 | 24 BRAUNSTONE LANE |
| 14 Jul 2023 | £202,729 | £200,000 | 24 BAINBRIDGE ROAD |
| 3 Mar 2023 | £201,902 | £200,000 | 55 BRAUNSTONE CLOSE |
| 21 Apr 2022 | £259,509 | £252,000 | 12 BRAUNSTONE LANE |
| 21 Apr 2022 | £222,437 | £216,000 | 11 AUDLEY END |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 9 Apr 2019. Using an estimated price of £172,390 means this house is valued at £1,894 per sq meter (£175 per sq foot).
The average size of a house on MORTIMER WAY is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mortimer Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Audley End |
| Mar 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Audley End |
| Dec 2023 | Other crime | Under investigation | On or near Audley End |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mortimer Place |