£195,191
This estimated value is based upon the latest sale price for the house of £158,000 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £158,000 | 8 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 707 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 March 2019 the House Price Index for LEICESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £158,000 results in an estimated price of approximately £195,191.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £158,000 | £37,191 | £195,191 |
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 | 23.817 % | £37,630 | £195,630 |
| 3 Month Average | 23.565 % | £37,232 | £195,232 |
| 6 Month Average | 28.727 % | £45,388 | £203,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £228,381 | £225,000 | 6 MEDWAY STREET |
| 29 Nov 2023 | £228,381 | £225,000 | 8 MEDWAY STREET |
| 6 Nov 2023 | £223,306 | £220,000 | 32 MELBOURNE ROAD |
| 22 Feb 2023 | £269,818 | £270,000 | 43 MELBOURNE ROAD |
| 8 Jul 2022 | £200,540 | £200,000 | 29 TWYCROSS STREET |
This house has a floor area of 65 sq meters or 707 sq feet when measured on 12 May 2011. Using an estimated price of £195,191 means this house is valued at £2,970 per sq meter (£275 per sq foot).
The average size of a house on TWYCROSS STREET is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twycross Street |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Twycross Street |
| Feb 2024 | Drugs | Local resolution | On or near Twycross Street |
| Jan 2024 | Anti-social behaviour | On or near Twycross Street | |
| Jan 2024 | Other crime | Offender given a caution | On or near Twycross Street |