£128,270
This estimated value is based upon the latest sale price for the house of £104,000 on 8 Jul 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £104,000 | 8 Jul 2019 |
| £105,000 | 15 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2019 the House Price Index for LEICESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £104,000 results in an estimated price of approximately £128,270.
| 8 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £104,000 | £24,270 | £128,270 |
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 | 50.368 % | £52,382 | £156,382 |
| 3 Month Average | 24.009 % | £24,969 | £128,969 |
| 6 Month Average | 30.305 % | £31,517 | £135,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £171,863 | £169,550 | 16 RICHMOND ROAD |
| 8 Feb 2023 | £204,862 | £205,000 | 86 RICHMOND ROAD |
| 5 Jan 2023 | £194,086 | £195,000 | 63 RICHMOND ROAD |
| 6 Sep 2022 | £297,597 | £300,000 | 62 CAVENDISH ROAD |
| 29 Jul 2022 | £248,168 | £247,500 | 68 CAVENDISH ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 19 Apr 2013. Using an estimated price of £128,271 means this house is valued at £2,375 per sq meter (£220 per sq foot).
The average size of a house on CAVENDISH MEWS is 115 sq meters (1,244 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cavendish Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Jan 2024 | Public order | Formal action is not in the public interest | On or near Richmond Road |