£292,849
This estimated value is based upon the latest sale price for the house of £175,000 on 17 May 2013. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 17 May 2013 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,052 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 May 2013 the House Price Index for LEICESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £175,000 results in an estimated price of approximately £292,849.
| 17 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £175,000 | £117,849 | £292,849 |
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 | 48.433 % | £84,757 | £259,757 |
| 3 Month Average | 64.094 % | £112,165 | £287,165 |
| 6 Month Average | 74.728 % | £130,773 | £305,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £143,455 | £145,000 | 5 FERNDALE ROAD |
| 28 Sep 2022 | £257,917 | £260,000 | 27 FAIRHOLME ROAD |
| 15 Jun 2022 | £284,014 | £280,000 | 14 PENDLEBURY DRIVE |
| 11 May 2022 | £280,281 | £275,000 | 71 LAMBORNE ROAD |
| 12 Nov 2021 | £302,824 | £280,000 | 51 CAIRNSFORD ROAD |
This house has a floor area of 97 sq meters or 1,052 sq feet when measured on 19 May 2010. Using an estimated price of £292,849 means this house is valued at £2,995 per sq meter (£278 per sq foot).
The average size of a house on CAIRNSFORD ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairholme Road |
| Feb 2024 | Anti-social behaviour | On or near Cairnsford Road | |
| Feb 2024 | Anti-social behaviour | On or near Cairnsford Road | |
| Feb 2024 | Other theft | Under investigation | On or near Chiltern Green |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chiltern Green |