£94,226
This estimated value is based upon the latest sale price for the house of £55,000 on 13 Apr 2011. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£55,000 | 13 Apr 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 April 2011 the House Price Index for LEICESTER was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £55,000 results in an estimated price of approximately £94,226.
13 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £55,000 | £39,226 | £94,226 |
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 | 237.448 % | £130,596 | £185,596 |
3 Month Average | 60.443 % | £33,243 | £88,243 |
6 Month Average | 94.456 % | £51,951 | £106,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £260,000 | £260,000 | 15 HALFORD STREET |
5 Jul 2023 | £248,342 | £245,000 | 17 HALFORD STREET |
17 Oct 2022 | £499,621 | £505,000 | 15 - 17 HALFORD STREET |
23 Feb 2022 | £183,522 | £175,000 | FLAT 6 GRANBY BUILDINGS, 41 GRANBY STREET |
26 Nov 2021 | £65,972 | £61,000 | FLAT 12 BRADSHAW HOUSE, 11A RUTLAND STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 15 Sep 2016. Using an estimated price of £94,226 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on RUTLAND STREET is 61 sq meters (663 sq feet).