£215,157
This estimated value is based upon the latest sale price for the house of £114,300 on 5 Nov 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Morledge Street
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Price Paid | Date |
---|---|
£114,300 | 5 Nov 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 2004 the House Price Index for LEICESTER was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £114,300 results in an estimated price of approximately £215,157.
5 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £114,300 | £100,857 | £215,157 |
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 | 101.726 % | £116,272 | £230,572 |
3 Month Average | -7.593 % | £-8,678 | £105,621 |
6 Month Average | 9.880 % | £11,292 | £125,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £95,674 | £94,000 | FLAT 413 THE ATRIUM, 2 MORLEDGE STREET |
15 Nov 2023 | £96,428 | £95,000 | FLAT 203 THE ATRIUM, 2 MORLEDGE STREET |
4 Aug 2023 | £126,103 | £125,000 | FLAT 213 THE ATRIUM, 2 MORLEDGE STREET |
2 Jun 2023 | £85,030 | £84,000 | FLAT 103 THE ATRIUM, 2 MORLEDGE STREET |
21 Jun 2022 | £129,835 | £128,000 | FLAT 15 DEUCE HOUSE, 20 WIMBLEDON STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Nov 2019. Using an estimated price of £215,158 means this house is valued at £2,947 per sq meter (£273 per sq foot).
The average size of a house on MORLEDGE STREET is 65 sq meters (700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morledge Street |
Jan 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Morledge Street |
Jan 2024 | Drugs | Local resolution | On or near Morledge Street |
Jan 2024 | Burglary | Under investigation | On or near Morledge Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Morledge Street |