£118,918
This estimated value is based upon the latest sale price for the house of £119,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£119,000 | 28 Jul 2023 |
£123,000 | 5 Dec 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 July 2023 the House Price Index for LEICESTER was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £119,000 results in an estimated price of approximately £118,918.
28 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 146.7 | -0.068 % | £119,000 | £-81 | £118,918 |
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 | -11.457 % | £-13,634 | £105,365 |
3 Month Average | -57.114 % | £-67,965 | £51,034 |
6 Month Average | -31.421 % | £-37,391 | £81,608 |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 21 Mar 2018.
The average size of a house on MILLSTONE LANE is 63 sq meters (678 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Millstone Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Millstone Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Millstone Lane |
Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Millstone Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Millstone Lane |