£373,349
This estimated value is based upon the latest sale price for the house of £300,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £300,000 | 31 Jan 2019 |
| 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 January 2019 the House Price Index for LEICESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £300,000 results in an estimated price of approximately £373,349.
| 31 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £300,000 | £73,349 | £373,349 |
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 | -16.249 % | £-48,748 | £251,251 |
| 3 Month Average | -29.338 % | £-88,014 | £211,985 |
| 6 Month Average | 13.599 % | £40,798 | £340,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £181,625 | £177,500 | FLAT 16 THE PRINT ROOM, 1 RUPERT STREET |
| 21 Aug 2023 | £178,214 | £175,000 | FLAT 2 THE PRINT ROOM, 1 RUPERT STREET |
| 10 Mar 2023 | £167,802 | £165,000 | FLAT 3 PHOENIX HOUSE, 3 BERRIDGE STREET |
| 11 May 2022 | £821,399 | £800,000 | 17 FRIAR LANE |
| 26 Jan 2022 | £265,050 | £250,000 | 35A MILLSTONE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wycliffe Street |
| Jul 2024 | Drugs | Local resolution | On or near Wycliffe Street |
| Jul 2024 | Other theft | Under investigation | On or near Wycliffe Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wycliffe Street |
| May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Wycliffe Street |