£224,750
This estimated value is based upon the latest sale price for the house of £40,500 on 9 Aug 1996. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£40,500 | 9 Aug 1996 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 1996 the House Price Index for LEICESTER was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £40,500 results in an estimated price of approximately £224,750.
9 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.8 | 148.6 | 454.939 % | £40,500 | £184,250 | £224,750 |
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 | 360.024 % | £145,809 | £186,309 |
3 Month Average | 371.491 % | £150,453 | £190,953 |
6 Month Average | 418.513 % | £169,497 | £209,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £196,946 | £193,500 | 5 CHESHIRE GARDENS |
13 Jul 2023 | £197,660 | £195,000 | 115 BURGESS ROAD |
8 Feb 2023 | £214,855 | £215,000 | 3 CHESHIRE GARDENS |
3 Feb 2023 | £149,899 | £150,000 | 24 CHESHIRE GARDENS |
16 Jan 2023 | £230,912 | £232,000 | 307 MILLIGAN ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Dec 2015. Using an estimated price of £224,750 means this house is valued at £3,305 per sq meter (£307 per sq foot).
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 | Anti-social behaviour | On or near Cheshire Gardens | |
Jan 2024 | Public order | Investigation complete; no suspect identified | 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 |