£194,346
This estimated value is based upon the latest sale price for the house of £155,000 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £155,000 | 11 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 765 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 August 2017 the House Price Index for LEICESTER was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £155,000 results in an estimated price of approximately £194,346.
| 11 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £155,000 | £39,346 | £194,346 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 59.225 % | £91,799 | £246,799 |
| 3 Month Average | 42.260 % | £65,502 | £220,502 |
| 6 Month Average | 43.062 % | £66,746 | £221,746 |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 11 Mar 2011.
The average size of a house on SHERRARD ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Charnwood Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherrard Road |
| Mar 2024 | Public order | Under investigation | On or near Vulcan Road |
| Mar 2024 | Public order | Under investigation | On or near Vulcan Road |
| Feb 2024 | Drugs | Further action is not in the public interest | On or near Vulcan Road |