£265,959
This estimated value is based upon the latest sale price for the house of £82,000 on 19 Oct 2001. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £82,000 | 19 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2001 the House Price Index for LEICESTER was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £82,000 results in an estimated price of approximately £265,959.
| 19 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £82,000 | £183,959 | £265,959 |
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 | 229.550 % | £188,230 | £270,230 |
| 3 Month Average | 227.722 % | £186,731 | £268,731 |
| 6 Month Average | 255.037 % | £209,130 | £291,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £382,238 | £375,550 | 4 HOLBROOK ROAD |
| 29 Sep 2023 | £248,173 | £245,000 | 448 LONDON ROAD |
| 21 Sep 2023 | £714,131 | £705,000 | FLAT 1 2 MORLAND AVENUE |
| 29 Jun 2023 | £133,619 | £132,000 | FLAT 5 BRAIDS COURT, 502 LONDON ROAD |
| 7 Jun 2023 | £89,585 | £88,500 | FLAT 4 MORLAND HOUSE, 1 MORLAND AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 2 Nov 2012. Using an estimated price of £265,960 means this house is valued at £2,770 per sq meter (£257 per sq foot).
The average size of a house on LONDON ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holbrook Road |
| Jan 2024 | Other theft | Under investigation | On or near Holbrook Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morland Avenue |