£138,981
This estimated value is based upon the latest sale price for the house of £81,000 on 21 Sep 2006. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £81,000 | 21 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2006 the House Price Index for LEICESTER was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £81,000 results in an estimated price of approximately £138,981.
| 21 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £81,000 | £57,981 | £138,981 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 64.570 % | £52,301 | £133,301 |
| 3 Month Average | 76.160 % | £61,689 | £142,689 |
| 6 Month Average | 66.435 % | £53,812 | £134,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £152,000 | £152,000 | 14 GUNTHORPE ROAD |
| 11 Dec 2023 | £259,989 | £252,000 | 1 SUN WAY |
| 12 Oct 2022 | £154,484 | £155,000 | 9 HEYFORD ROAD |
| 11 Feb 2022 | £159,525 | £151,000 | 101 HEYFORD ROAD |
| 3 Dec 2021 | £70,695 | £65,500 | 6 HEYFORD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Nov 2016. Using an estimated price of £138,981 means this house is valued at £1,828 per sq meter (£169 per sq foot).
The average size of a house on GALLARDS HILL is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunthorpe Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gunthorpe Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gunthorpe Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gunthorpe Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunthorpe Road |