£2,286,160
This estimated value is based upon the latest sale price for the house of £1,800,000 on 3 Aug 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £1,800,000 | 3 Aug 2017 |
| Freehold |
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 August 2017 the House Price Index for LEICESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £1,800,000 results in an estimated price of approximately £2,286,160.
| 3 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £1,800,000 | £486,160 | £2,286,160 |
The Postcode Pricing Model uses changes in average sales price within the LE1 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 | -68.923 % | £-1,240,608 | £559,391 |
| 3 Month Average | -15.138 % | £-272,478 | £1,527,521 |
| 6 Month Average | -1.878 % | £-33,796 | £1,766,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £284,986 | £280,000 | 25 SOAR LANE |
| 15 Dec 2023 | £129,771 | £127,500 | APARTMENT 5 THE QUAD, 55 HIGHCROSS STREET |
| 1 Nov 2023 | £142,865 | £140,750 | APARTMENT 20 THE QUAD, 55 HIGHCROSS STREET |
| 23 Aug 2023 | £243,631 | £241,500 | APARTMENT 14 MITCHIAN GRAND UNION BUILDING, 55 NORTHGATE STREET |
| 24 Jul 2023 | £263,547 | £260,000 | APARTMENT 69 MITCHIAN GRAND UNION BUILDING, 55 NORTHGATE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Highcross Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Highcross Street |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Highcross Street |
| Apr 2024 | Public order | Awaiting court outcome | On or near Highcross Street |
| Apr 2024 | Anti-social behaviour | On or near Highcross Street |