£280,784
This estimated value is based upon the latest sale price for the house of £50,000 on 28 Sep 1995. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 28 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 September 1995 the House Price Index for LEICESTER was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 461.569%.Applying this 461.569% change to the original purchase price of £50,000 results in an estimated price of approximately £280,784.
| 28 Sep 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 461.569 % | £50,000 | £230,784 | £280,784 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 450.745 % | £225,372 | £275,372 |
| 3 Month Average | 472.038 % | £236,019 | £286,019 |
| 6 Month Average | 481.010 % | £240,504 | £290,504 |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 2 Feb 2015.
The average size of a house on MELTON ROAD is 105 sq meters (1,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Braemar Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Braemar Close |
| Dec 2023 | Anti-social behaviour | On or near Braemar Close | |
| Dec 2023 | Anti-social behaviour | On or near Braemar Close | |
| Dec 2023 | Anti-social behaviour | On or near Braemar Close |