£197,162
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Fairfax Close
More crime details
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| Price Paid | Date |
|---|---|
| £160,000 | 30 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 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 23.227%.Applying this 23.227% change to the original purchase price of £160,000 results in an estimated price of approximately £197,162.
| 30 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £160,000 | £37,162 | £197,162 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 19.700 % | £31,520 | £191,520 |
| 3 Month Average | 20.780 % | £33,247 | £193,247 |
| 6 Month Average | 20.183 % | £32,292 | £192,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £253,757 | £250,000 | 98 FAIRFAX ROAD |
| 31 Aug 2023 | £151,324 | £150,000 | 50 IRETON ROAD |
| 20 Jan 2023 | £194,086 | £195,000 | 119 FAIRFAX ROAD |
| 19 Aug 2022 | £189,490 | £190,000 | 42 IRETON ROAD |
| 5 Aug 2022 | £210,434 | £211,000 | 13 IRETON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Nov 2018. Using an estimated price of £197,162 means this house is valued at £2,700 per sq meter (£250 per sq foot).
The average size of a house on FAIRFAX ROAD is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Fairfax Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Road |