£150,795
This estimated value is based upon the latest sale price for the house of £115,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 21 Dec 2016 |
| £99,000 | 30 Sep 2005 |
| £54,000 | 10 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 597 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 December 2016 the House Price Index for LEICESTER was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £115,000 results in an estimated price of approximately £150,795.
| 21 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £115,000 | £35,795 | £150,795 |
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 | 32.058 % | £36,866 | £151,866 |
| 3 Month Average | 29.466 % | £33,885 | £148,885 |
| 6 Month Average | 46.299 % | £53,243 | £168,243 |
| 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 |
| 17 Oct 2022 | £237,443 | £240,000 | 21 RICHMOND CLOSE |
| 6 Sep 2022 | £297,597 | £300,000 | 62 CAVENDISH ROAD |
This house has a floor area of 55 sq meters or 597 sq feet when measured on 27 Jan 2011. Using an estimated price of £150,796 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on RICHMOND ROAD is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Avenue |