£116,525
This estimated value is based upon the latest sale price for the house of £98,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £98,000 | 6 Mar 2020 |
| £40,000 | 23 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2020 the House Price Index for LEICESTER was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £98,000 results in an estimated price of approximately £116,525.
| 6 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £98,000 | £18,525 | £116,525 |
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 | 23.331 % | £22,864 | £120,864 |
| 3 Month Average | 17.511 % | £17,160 | £115,160 |
| 6 Month Average | 24.555 % | £24,063 | £122,063 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Feb 2016.
The average size of a house on SPONNE RISE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Pen Close | |
| Feb 2024 | Anti-social behaviour | On or near Pen Close | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pen Close |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Trenant Road |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Trenant Road |