£242,898
This estimated value is based upon the latest sale price for the house of £227,500 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £227,500 | 26 Nov 2021 |
| £130,000 | 12 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2021 the House Price Index for LEICESTER was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £227,500 results in an estimated price of approximately £242,898.
| 26 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £227,500 | £15,398 | £242,898 |
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 | -7.926 % | £-18,032 | £209,467 |
| 3 Month Average | 5.754 % | £13,091 | £240,591 |
| 6 Month Average | 4.086 % | £9,295 | £236,795 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Mar 2020.
The average size of a house on MILLIGAN ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Cheshire Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheshire Gardens |
| Jan 2024 | Anti-social behaviour | On or near Cheshire Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Cheshire Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Cheshire Gardens |