£179,665
This estimated value is based upon the latest sale price for the house of £113,000 on 23 May 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £113,000 | 23 May 2008 |
| £103,000 | 27 Aug 2003 |
| £89,950 | 29 Nov 2002 |
| £39,000 | 29 Nov 1995 |
| £49,950 | 29 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2008 the House Price Index for LEICESTER was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £113,000 results in an estimated price of approximately £179,665.
| 23 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £113,000 | £66,665 | £179,665 |
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 | 83.367 % | £94,204 | £207,204 |
| 3 Month Average | 69.774 % | £78,844 | £191,844 |
| 6 Month Average | 71.797 % | £81,130 | £194,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £232,060 | £228,000 | 14 AYLESTONE DRIVE |
| 17 Nov 2023 | £243,607 | £240,000 | 202 BELVOIR DRIVE EAST |
| 21 Aug 2023 | £203,783 | £202,000 | 7 BRETBY ROAD |
| 10 Aug 2023 | £226,986 | £225,000 | 47 CRANFIELD ROAD |
| 28 Jul 2023 | £202,729 | £200,000 | 19 CRANFIELD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 Jan 2019. Using an estimated price of £179,666 means this house is valued at £2,041 per sq meter (£189 per sq foot).
The average size of a house on CRANFIELD ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranfield Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cranfield Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Cranfield Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bretby Road |