£79,499
This estimated value is based upon the latest sale price for the house of £34,000 on 12 May 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £34,000 | 12 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2003 the House Price Index for LEICESTER was 62.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 133.823%.Applying this 133.823% change to the original purchase price of £34,000 results in an estimated price of approximately £79,499.
| 12 May 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 146.7 | 133.823 % | £34,000 | £45,499 | £79,499 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 175.068 % | £59,523 | £93,523 |
| 3 Month Average | 165.780 % | £56,365 | £90,365 |
| 6 Month Average | 178.720 % | £60,764 | £94,764 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Apr 2013.
The average size of a house on GROVE ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grove Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grove Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Frederick Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Frederick Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mount Road |