£319,731
This estimated value is based upon the latest sale price for the house of £190,000 on 5 Aug 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 5 Aug 2008 |
| Semi-Detached |
| Freehold |
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 August 2008 the House Price Index for LEICESTER was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £190,000 results in an estimated price of approximately £319,731.
| 5 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £190,000 | £129,731 | £319,731 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 78.786 % | £149,692 | £339,692 |
| 3 Month Average | 54.296 % | £103,161 | £293,161 |
| 6 Month Average | 55.362 % | £105,186 | £295,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £338,186 | £335,000 | 436 HINCKLEY ROAD |
| 4 Aug 2022 | £472,229 | £473,500 | 94 LETCHWORTH ROAD |
| 19 Jan 2022 | £450,431 | £428,000 | 152 LETCHWORTH ROAD |
| 9 Dec 2021 | £541,045 | £505,000 | 138 LETCHWORTH ROAD |
| 10 Nov 2021 | £264,971 | £245,000 | 448 HINCKLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Park Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Park Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Park Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellor Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mellor Road |