£543,722
This estimated value is based upon the latest sale price for the house of £107,000 on 23 Jul 1997. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Shanklin Gardens
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| Price Paid | Date |
|---|---|
| £107,000 | 23 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 1997 the House Price Index for LEICESTER was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £107,000 results in an estimated price of approximately £543,722.
| 23 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £107,000 | £436,722 | £543,722 |
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 | 332.863 % | £356,162 | £463,162 |
| 3 Month Average | 359.533 % | £384,700 | £491,700 |
| 6 Month Average | 401.098 % | £429,174 | £536,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £488,548 | £480,000 | 245 KNIGHTON CHURCH ROAD |
| 28 Sep 2023 | £288,691 | £285,000 | 223 KNIGHTON CHURCH ROAD |
| 2 Sep 2022 | £335,292 | £338,000 | 179 KNIGHTON CHURCH ROAD |
| 24 Jun 2022 | £248,512 | £245,000 | 177 KNIGHTON CHURCH ROAD |
| 4 Apr 2022 | £272,897 | £265,000 | 44 SIDNEY ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 30 Jul 2019. Using an estimated price of £543,722 means this house is valued at £4,182 per sq meter (£388 per sq foot).
The average size of a house on SHANKLIN GARDENS is 146 sq meters (1,573 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Shanklin Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidney Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sidney Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sidney Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidney Road |