£148,698
This estimated value is based upon the latest sale price for the house of £85,000 on 30 Oct 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 30 Oct 2008 |
| £36,000 | 5 Jul 2001 |
| £31,950 | 8 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2008 the House Price Index for LEICESTER was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £85,000 results in an estimated price of approximately £148,698.
| 30 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £85,000 | £63,698 | £148,698 |
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 | 60.135 % | £51,114 | £136,114 |
| 3 Month Average | 61.097 % | £51,932 | £136,932 |
| 6 Month Average | 66.642 % | £56,645 | £141,645 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £181,589 | £180,000 | 49 COPINGER ROAD |
| 30 Jun 2023 | £202,452 | £200,000 | 3 BURNSIDE ROAD |
| 21 Apr 2023 | £181,959 | £180,000 | 40 NESTON ROAD |
| 30 Mar 2023 | £181,712 | £180,000 | 12 GRAMPIAN CLOSE |
| 25 Nov 2022 | £202,547 | £205,000 | 106 THE FAIRWAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Nov 2014. Using an estimated price of £148,698 means this house is valued at £1,931 per sq meter (£179 per sq foot).
The average size of a house on CAIRNGORM CLOSE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cairngorm Close |
| Jan 2024 | Anti-social behaviour | On or near Cairngorm Close | |
| Jan 2024 | Anti-social behaviour | On or near Cairngorm Close | |
| Jan 2024 | Anti-social behaviour | On or near Cairngorm Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grampian Close |