£231,741
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Jun 2019. 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 Police Station
More crime details
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| Price Paid | Date |
|---|---|
| £190,000 | 21 Jun 2019 |
| £69,000 | 12 Apr 2002 |
| £57,500 | 9 Mar 2001 |
| Freehold |
| Floor Area: 59 sq meters or 635 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 June 2019 the House Price Index for LEICESTER was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.Applying this 21.969% change to the original purchase price of £190,000 results in an estimated price of approximately £231,741.
| 21 Jun 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.969 % | £190,000 | £41,741 | £231,741 |
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 | 10.637 % | £20,210 | £210,210 |
| 3 Month Average | 21.024 % | £39,944 | £229,944 |
| 6 Month Average | 29.061 % | £55,215 | £245,215 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Aug 2018.
The average size of a house on WELFORD ROAD is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Police Station |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Police Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Police Station |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |