£147,498
This estimated value is based upon the latest sale price for the house of £117,000 on 15 Nov 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£117,000 | 15 Nov 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 November 2017 the House Price Index for LEICESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £117,000 results in an estimated price of approximately £147,498.
15 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £117,000 | £30,498 | £147,498 |
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 | 29.596 % | £34,627 | £151,627 |
3 Month Average | -37.274 % | £-43,610 | £73,389 |
6 Month Average | -17.806 % | £-20,833 | £96,166 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £176,544 | £175,000 | FLAT 2 THE PRINT ROOM, 1 RUPERT STREET |
28 Jul 2023 | £120,623 | £119,000 | FLAT 5 CHANCERY HOUSE, 7 MILLSTONE LANE |
18 Jul 2023 | £192,592 | £190,000 | APARTMENT 10 17 NEWARKE STREET |
4 Jul 2023 | £536,217 | £529,000 | 18 YORK ROAD |
25 Mar 2022 | £102,590 | £99,000 | FLAT 41 MINSTER COURT, 22 YORK ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 2 Oct 2013. Using an estimated price of £147,498 means this house is valued at £2,077 per sq meter (£193 per sq foot).
The average size of a house on NEWARKE STREET is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Chancery Street |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marble Street |
Mar 2024 | Public order | Local resolution | On or near Newarke Street |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Marble Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newarke Street |