£458,265
This estimated value is based upon the latest sale price for the house of £450,000 on 23 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £450,000 | 23 Aug 2023 |
| £400,000 | 25 Mar 2022 |
| 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 2023 the House Price Index for LEICESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £450,000 results in an estimated price of approximately £458,265.
| 23 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £450,000 | £8,265 | £458,265 |
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 | 19.429 % | £87,432 | £537,432 |
| 3 Month Average | -52.817 % | £-237,677 | £212,322 |
| 6 Month Average | -12.272 % | £-55,222 | £394,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £458,265 | £450,000 | MICHAEL WOOD CENTRE, 53 REGENT ROAD |
| 16 Jun 2023 | £1,275,562 | £1,250,000 | 75 REGENT ROAD |
| 25 Nov 2022 | £105,507 | £106,000 | FLAT 4 5 TURNER STREET |
| 18 Jul 2022 | £459,605 | £455,000 | 58 REGENT ROAD |
| 8 Jul 2022 | £308,087 | £305,000 | 13 WEST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Rawson Street |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Rawson Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Rawson Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Rawson Street |
| Jun 2024 | Public order | Under investigation | On or near Rawson Street |