£126,396
This estimated value is based upon the latest sale price for the house of £127,000 on 16 Mar 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £127,000 | 16 Mar 2023 |
| £202,000 | 25 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2023 the House Price Index for LEICESTER was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £127,000 results in an estimated price of approximately £126,396.
| 16 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £127,000 | £-603 | £126,396 |
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 | 1.260 % | £1,599 | £128,599 |
| 3 Month Average | 4.340 % | £5,511 | £132,511 |
| 6 Month Average | 5.969 % | £7,580 | £134,580 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 29 Dec 2014.
The average size of a house on LORNE ROAD is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorne Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lorne Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lorne Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lorne Road |