£515,800
This estimated value is based upon the latest sale price for the house of £307,500 on 26 Mar 2010. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £307,500 | 26 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,682 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 2010 the House Price Index for LEICESTER was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.740%.Applying this 67.740% change to the original purchase price of £307,500 results in an estimated price of approximately £515,800.
| 26 Mar 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.740 % | £307,500 | £208,300 | £515,800 |
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 | 52.457 % | £161,305 | £468,805 |
| 3 Month Average | 58.031 % | £178,444 | £485,944 |
| 6 Month Average | 77.919 % | £239,602 | £547,102 |
This house has a floor area of 156 sq meters or 1,682 sq feet when measured on 30 Jul 2009.
The average size of a house on SOUTHERNHAY ROAD is 191 sq meters (2,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cara Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westernhay Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Knighton Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Knighton Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knighton Road |