£186,841
This estimated value is based upon the latest sale price for the house of £135,000 on 8 Dec 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £135,000 | 8 Dec 2015 |
| £129,000 | 20 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 955 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 December 2015 the House Price Index for LEICESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £135,000 results in an estimated price of approximately £186,841.
| 8 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £135,000 | £51,841 | £186,841 |
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 | 44.895 % | £60,607 | £195,607 |
| 3 Month Average | 47.947 % | £64,727 | £199,727 |
| 6 Month Average | 55.617 % | £75,082 | £210,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £174,228 | £172,000 | 36 MURIEL ROAD |
| 5 Sep 2023 | £197,526 | £195,000 | 15 MERTON AVENUE |
| 14 Aug 2023 | £346,027 | £343,000 | 37 MERTON AVENUE |
| 14 Jul 2023 | £212,865 | £210,000 | 26 MERTON AVENUE |
| 30 Jun 2023 | £244,967 | £242,000 | 16 MERTON AVENUE |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 24 Nov 2010. Using an estimated price of £186,842 means this house is valued at £2,104 per sq meter (£195 per sq foot).
The average size of a house on MERTON AVENUE is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merton Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merton Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Merton Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Muriel Road |
| Mar 2024 | Burglary | Under investigation | On or near Muriel Road |