£172,728
This estimated value is based upon the latest sale price for the house of £120,000 on 1 Jul 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 1 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 July 2015 the House Price Index for LEICESTER was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £120,000 results in an estimated price of approximately £172,728.
| 1 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £120,000 | £52,728 | £172,728 |
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 | 13.805 % | £16,566 | £136,566 |
| 3 Month Average | 43.844 % | £52,613 | £172,613 |
| 6 Month Average | 60.589 % | £72,706 | £192,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £240,000 | £240,000 | 46 CHEPSTOW ROAD |
| 19 Dec 2023 | £198,473 | £195,000 | 34 KINGSTON ROAD |
| 2 Mar 2023 | £247,330 | £245,000 | 25 CHEPSTOW ROAD |
| 19 Jan 2023 | £169,203 | £170,000 | 26 SAWLEY STREET |
| 6 May 2022 | £229,321 | £225,000 | 3 KINGSTON ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 May 2015. Using an estimated price of £172,729 means this house is valued at £1,780 per sq meter (£165 per sq foot).
The average size of a house on CHEPSTOW ROAD is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Bicycle theft | Under investigation | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |