£257,130
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Dec 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £240,000 | 23 Dec 2021 |
| £196,000 | 19 Sep 2017 |
| £140,000 | 10 Nov 2011 |
| £137,000 | 4 Mar 2005 |
| £116,000 | 7 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2021 the House Price Index for LEICESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £240,000 results in an estimated price of approximately £257,130.
| 23 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £240,000 | £17,130 | £257,130 |
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 | 18.086 % | £43,405 | £283,405 |
| 3 Month Average | 8.963 % | £21,511 | £261,511 |
| 6 Month Average | 12.430 % | £29,832 | £269,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £179,156 | £180,000 | 18 WESTBURY ROAD |
| 23 Dec 2021 | £257,131 | £240,000 | 36 WESTBURY ROAD |
| 22 Nov 2021 | £540,757 | £500,000 | KENDOR (LEICESTER) LTD KNIGHTON JUNCTION LANE |
| 18 Dec 2020 | £183,634 | £160,000 | 7 WESTBURY ROAD |
| 24 Jun 2020 | £199,818 | £165,000 | 19A BRENTWOOD ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Nov 2021. Using an estimated price of £257,131 means this house is valued at £3,135 per sq meter (£291 per sq foot).
The average size of a house on WESTBURY ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Westbury Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westbury Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Knighton Junction Lane |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Knighton Junction Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knighton Junction Lane |