£377,764
This estimated value is based upon the latest sale price for the house of £247,500 on 30 May 2014. 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 Mellor Road
More crime details
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| Price Paid | Date |
|---|---|
| £247,500 | 30 May 2014 |
| £204,000 | 8 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 May 2014 the House Price Index for LEICESTER was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £247,500 results in an estimated price of approximately £377,764.
| 30 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £247,500 | £130,264 | £377,764 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 53.723 % | £132,964 | £380,464 |
| 3 Month Average | 50.468 % | £124,908 | £372,408 |
| 6 Month Average | 61.301 % | £151,719 | £399,219 |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 7 May 2013.
The average size of a house on HINCKLEY ROAD is 103 sq meters (1,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellor Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mellor Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Park Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Park Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Park Road |