£901,935
This estimated value is based upon the latest sale price for the house of £272,000 on 24 Aug 2001. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There have been two burglaries within the last year on or near Ratcliffe Court
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| Price Paid | Date |
|---|---|
| £272,000 | 24 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,845 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 2001 the House Price Index for LEICESTER was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £272,000 results in an estimated price of approximately £901,935.
| 24 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £272,000 | £629,935 | £901,935 |
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 | 202.705 % | £551,357 | £823,357 |
| 3 Month Average | 238.337 % | £648,275 | £920,275 |
| 6 Month Average | 257.738 % | £701,046 | £973,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £355,260 | £350,000 | APARTMENT 1 KNIGHTON HAYES HALL, 6C RATCLIFFE ROAD |
| 29 Sep 2023 | £364,663 | £360,000 | 2 LLEWELLYN COURT ELMSLEIGH AVENUE |
| 6 Jun 2023 | £678,215 | £670,000 | 333 LONDON ROAD |
| 8 Mar 2023 | £403,804 | £400,000 | APARTMENT B 6B RATCLIFFE ROAD |
| 31 May 2022 | £137,593 | £135,000 | FLAT 2 GUILDFORD COURT, 396 LONDON ROAD |
This house has a floor area of 171 sq meters or 1,845 sq feet when measured on 5 Sep 2011. Using an estimated price of £901,935 means this house is valued at £5,260 per sq meter (£488 per sq foot).
The average size of a house on LONDON ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ratcliffe Court |
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Mar 2024 | Anti-social behaviour | On or near Ratcliffe Court | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ratcliffe Court |