£227,969
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £185,000 | 2 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 November 2018 the House Price Index for LEICESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £185,000 results in an estimated price of approximately £227,969.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £185,000 | £42,969 | £227,969 |
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 | 21.481 % | £39,739 | £224,739 |
| 3 Month Average | 21.876 % | £40,470 | £225,470 |
| 6 Month Average | 22.838 % | £42,251 | £227,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £211,633 | £208,500 | 15 GRETNA WAY |
| 12 Jun 2023 | £232,820 | £230,000 | 89 KIRKWALL CRESCENT |
| 17 Apr 2023 | £192,068 | £190,000 | 22 WREFORD CRESCENT |
| 1 Mar 2023 | £254,397 | £252,000 | 113 KIRKWALL CRESCENT |
| 10 Feb 2023 | £191,371 | £191,500 | 2 FASTNET ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 30 Jul 2018. Using an estimated price of £227,969 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on GRETNA WAY is 107 sq meters (1,151 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gretna Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Fastnet Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kirkwall Crescent |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kirkwall Crescent |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Kirkwall Crescent |