£333,955
This estimated value is based upon the latest sale price for the house of £271,000 on 22 Oct 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £271,000 | 22 Oct 2018 |
| £254,995 | 24 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 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 23.231%.Applying this 23.231% change to the original purchase price of £271,000 results in an estimated price of approximately £333,955.
| 22 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £271,000 | £62,955 | £333,955 |
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 | 41.553 % | £112,607 | £383,607 |
| 3 Month Average | 25.128 % | £68,096 | £339,096 |
| 6 Month Average | 28.798 % | £78,043 | £349,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £343,701 | £340,000 | 1 MARYLEBONE PLACE |
| 2 Feb 2023 | £214,855 | £215,000 | FLAT 37 37 WATKIN ROAD |
| 26 Jul 2022 | £178,480 | £178,000 | FLAT 4 35 WATKIN ROAD |
| 1 Apr 2022 | £136,963 | £133,000 | FLAT 35 55 WATKIN ROAD |
| 4 Feb 2022 | £293,634 | £280,000 | 84 WATKIN ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Mar 2016. Using an estimated price of £333,956 means this house is valued at £3,478 per sq meter (£323 per sq foot).
The average size of a house on WATKIN ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Marylebone Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marylebone Place |
| Mar 2024 | Anti-social behaviour | On or near Quainton Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Quainton Road |
| Feb 2024 | Anti-social behaviour | On or near Quainton Road |