£758,958
This estimated value is based upon the latest sale price for the house of £545,000 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £545,000 | 13 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 240 sq meters or 2,583 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 November 2015 the House Price Index for LEICESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £545,000 results in an estimated price of approximately £758,958.
| 13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £545,000 | £213,958 | £758,958 |
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 | 63.200 % | £344,439 | £889,439 |
| 3 Month Average | 42.547 % | £231,880 | £776,880 |
| 6 Month Average | 50.178 % | £273,469 | £818,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £243,127 | £241,000 | 28 MILFORD ROAD |
| 11 Aug 2023 | £317,780 | £315,000 | 21 MILFORD ROAD |
| 20 Apr 2023 | £1,036,157 | £1,025,000 | 29A CRAIGHILL ROAD |
| 27 Jan 2023 | £315,514 | £317,000 | 12 MILFORD ROAD |
| 25 Nov 2021 | £373,122 | £345,000 | 19 MILFORD ROAD |
This house has a floor area of 240 sq meters or 2,583 sq feet when measured on 20 Nov 2014. Using an estimated price of £758,959 means this house is valued at £3,162 per sq meter (£293 per sq foot).
The average size of a house on WELFORD ROAD is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Craighill Walk |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Craighill Walk |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Craighill Walk |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Milford Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milford Road |