£316,309
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Feb 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£230,000 | 15 Feb 2016 |
£83,000 | 29 Jan 1999 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 February 2016 the House Price Index for LEICESTERSHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £230,000 results in an estimated price of approximately £316,309.
15 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £230,000 | £86,309 | £316,309 |
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 | 37.696 % | £86,701 | £316,701 |
3 Month Average | 49.378 % | £113,570 | £343,570 |
6 Month Average | 29.458 % | £67,754 | £297,754 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £394,617 | £387,500 | 74 BURTON ROAD |
17 Mar 2023 | £391,539 | £385,000 | 64 BURTON ROAD |
10 Feb 2023 | £298,997 | £297,000 | 1 BRITTANY AVENUE |
10 Oct 2022 | £617,936 | £620,000 | 76 BURTON ROAD |
25 Feb 2022 | £333,841 | £316,000 | 3 MARLBOROUGH WAY |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 15 Jul 2015. Using an estimated price of £316,309 means this house is valued at £2,614 per sq meter (£242 per sq foot).
The average size of a house on MARLBOROUGH WAY is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loire Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brittany Avenue |
May 2024 | Vehicle crime | Under investigation | On or near Saxon Way |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Saxon Way |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxon Way |