£209,485
This estimated value is based upon the latest sale price for the house of £170,000 on 29 Nov 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 29 Nov 2018 |
| £162,500 | 17 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 895 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 November 2018 the House Price Index for LEICESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £170,000 results in an estimated price of approximately £209,485.
| 29 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £170,000 | £39,485 | £209,485 |
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 | 15.541 % | £26,419 | £196,419 |
| 3 Month Average | 22.698 % | £38,587 | £208,587 |
| 6 Month Average | 29.597 % | £50,315 | £220,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £239,839 | £240,000 | 16 COLLEGE AVENUE |
| 1 Feb 2022 | £1,473,019 | £1,404,622 | 160 UPPER NEW WALK |
| 15 Dec 2021 | £176,777 | £165,000 | 2 COLLEGE AVENUE |
| 10 Aug 2021 | £368,153 | £330,000 | 128 LONDON ROAD |
| 23 Jul 2021 | £241,346 | £210,000 | 6 HIGHFIELD STREET |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 16 Feb 2011. Using an estimated price of £209,485 means this house is valued at £2,517 per sq meter (£233 per sq foot).
The average size of a house on VICTORIA AVENUE is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Under investigation | On or near Victoria Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Victoria Avenue |