£491,031
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Apr 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 21 Apr 2020 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in April 2020 the House Price Index for LEICESTERSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £400,000 results in an estimated price of approximately £491,031.
| 21 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £400,000 | £91,031 | £491,031 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 42.467 % | £169,869 | £569,869 |
| 3 Month Average | 24.036 % | £96,143 | £496,143 |
| 6 Month Average | 17.515 % | £70,061 | £470,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £297,604 | £295,000 | 3 HILL STREET |
| 10 Aug 2023 | £150,315 | £149,000 | 17 BURTON ROAD |
| 7 Aug 2023 | £267,339 | £265,000 | 9 HILL STREET |
| 1 Aug 2023 | £373,265 | £370,000 | 47 BURTON ROAD |
| 30 Jun 2023 | £278,372 | £275,000 | 40 KILWARDBY STREET |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 22 Mar 2019. Using an estimated price of £491,032 means this house is valued at £3,340 per sq meter (£310 per sq foot).
The average size of a house on BURTON ROAD is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Formal action is not in the public interest | On or near Hill Street |
| Jan 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Hill Street |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Derby Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Derby Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Derby Road |