£151,996
This estimated value is based upon the latest sale price for the house of £44,000 on 16 Mar 2001. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £44,000 | 16 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2001 the House Price Index for LEICESTER was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £44,000 results in an estimated price of approximately £151,996.
| 16 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £44,000 | £107,996 | £151,996 |
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 | 244.409 % | £107,539 | £151,539 |
| 3 Month Average | 275.023 % | £121,010 | £165,010 |
| 6 Month Average | 304.704 % | £134,069 | £178,069 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Jun 2013.
The average size of a house on GRACE ROAD is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Grace Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Denmark Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Denmark Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Denmark Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Denmark Road |