£112,478
This estimated value is based upon the latest sale price for the house of £20,000 on 23 Oct 1995. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £20,000 | 23 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 844 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 October 1995 the House Price Index for LEICESTER was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 462.390%.Applying this 462.390% change to the original purchase price of £20,000 results in an estimated price of approximately £112,478.
| 23 Oct 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 462.390 % | £20,000 | £92,478 | £112,478 |
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 | 395.819 % | £79,163 | £99,163 |
| 3 Month Average | 399.926 % | £79,985 | £99,985 |
| 6 Month Average | 418.432 % | £83,686 | £103,686 |
This house has a floor area of 78 sq meters or 844 sq feet when measured on 7 Dec 2011.
The average size of a house on NEW PARK ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Park Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near New Park Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Park Road |
| Dec 2023 | Anti-social behaviour | On or near New Park Road |