£240,539
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Jul 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 20 Jul 2004 |
| £42,000 | 2 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2004 the House Price Index for LEICESTER was 76.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 92.432%.Applying this 92.432% change to the original purchase price of £125,000 results in an estimated price of approximately £240,539.
| 20 Jul 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 146.7 | 92.432 % | £125,000 | £115,539 | £240,539 |
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 | 100.164 % | £125,205 | £250,205 |
| 3 Month Average | 106.976 % | £133,719 | £258,719 |
| 6 Month Average | 114.545 % | £143,181 | £268,181 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Nov 2019.
The average size of a house on PENRITH ROAD is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Northumberland Avenue | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Northumberland Avenue |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Westmorland Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Westmorland Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scarborough Road |