£224,079
This estimated value is based upon the latest sale price for the house of £50,000 on 19 Jan 1999. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 19 Jan 1999 |
| £118,000 | 3 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 January 1999 the House Price Index for LEICESTER was 32.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 348.160%.Applying this 348.160% change to the original purchase price of £50,000 results in an estimated price of approximately £224,079.
| 19 Jan 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 146.7 | 348.160 % | £50,000 | £174,079 | £224,079 |
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 | 333.690 % | £166,844 | £216,844 |
| 3 Month Average | 351.956 % | £175,978 | £225,978 |
| 6 Month Average | 366.946 % | £183,473 | £233,473 |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 10 Dec 2015.
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 | Unable to prosecute suspect | On or near Milford Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Milford Road |