£190,046
This estimated value is based upon the latest sale price for the house of £109,995 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£109,995 | 30 Sep 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 517 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 September 2011 the House Price Index for LEICESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £109,995 results in an estimated price of approximately £190,046.
30 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £109,995 | £80,051 | £190,046 |
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 | 46.023 % | £50,623 | £160,618 |
3 Month Average | 57.855 % | £63,637 | £173,632 |
6 Month Average | 68.854 % | £75,735 | £185,730 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £145,865 | £144,000 | FLAT 12 50 PAVILION CLOSE |
25 Nov 2022 | £133,384 | £135,000 | FLAT 12 25 PAVILION CLOSE |
18 Aug 2022 | £159,570 | £160,000 | FLAT 2 30 PAVILION CLOSE |
21 Jan 2022 | £157,861 | £150,000 | FLAT 23 50 PAVILION CLOSE |
30 Sep 2021 | £4,310,370 | £4,000,000 | POWERGEN RAW DYKES ROAD |
This house has a floor area of 48 sq meters or 517 sq feet when measured on 5 May 2011. Using an estimated price of £190,047 means this house is valued at £3,953 per sq meter (£367 per sq foot).
The average size of a house on PAVILION CLOSE is 58 sq meters (625 sq feet).