£252,300
This estimated value is based upon the latest sale price for the house of £245,000 on 26 Apr 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £245,000 | 26 Apr 2022 |
| £125,000 | 20 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 2022 the House Price Index for LEICESTER was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £245,000 results in an estimated price of approximately £252,300.
| 26 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £245,000 | £7,300 | £252,300 |
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 | -6.861 % | £-16,809 | £228,190 |
| 3 Month Average | 3.590 % | £8,795 | £253,795 |
| 6 Month Average | 10.179 % | £24,939 | £269,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £234,096 | £230,000 | 435 SAFFRON LANE |
| 21 Apr 2023 | £187,014 | £185,000 | 61 PERCY ROAD |
| 26 Apr 2022 | £252,301 | £245,000 | 397 SAFFRON LANE |
| 30 Sep 2021 | £204,743 | £190,000 | 393 SAFFRON LANE |
| 30 Jun 2021 | £195,809 | £182,500 | 67 PERCY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Jul 2014. Using an estimated price of £252,301 means this house is valued at £3,364 per sq meter (£312 per sq foot).
The average size of a house on SAFFRON LANE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Robin Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |