£118,794
This estimated value is based upon the latest sale price for the house of £106,000 on 26 Feb 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £106,000 | 26 Feb 2021 |
| £72,000 | 17 Aug 2016 |
| £49,000 | 28 Mar 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 February 2021 the House Price Index for LEICESTER was 130.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 12.070%.Applying this 12.070% change to the original purchase price of £106,000 results in an estimated price of approximately £118,794.
| 26 Feb 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 146.7 | 12.070 % | £106,000 | £12,794 | £118,794 |
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 | 27.434 % | £29,080 | £135,080 |
| 3 Month Average | 2.038 % | £2,160 | £108,160 |
| 6 Month Average | 15.044 % | £15,946 | £121,946 |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 23 Oct 2020.
The average size of a house on LONDON ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Victoria Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Gardens |
| Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Victoria Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cedars Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedars Court |