£401,008
This estimated value is based upon the latest sale price for the house of £320,000 on 12 Jun 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 12 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 June 2018 the House Price Index for LEICESTERSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £320,000 results in an estimated price of approximately £401,008.
| 12 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £320,000 | £81,008 | £401,008 |
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 | -7.094 % | £-22,699 | £297,300 |
| 3 Month Average | 32.761 % | £104,834 | £424,834 |
| 6 Month Average | 15.617 % | £49,975 | £369,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £300,418 | £295,000 | 3 HILL STREET |
| 7 Aug 2023 | £269,867 | £265,000 | 9 HILL STREET |
| 17 Mar 2023 | £391,539 | £385,000 | 64 BURTON ROAD |
| 10 Feb 2023 | £244,131 | £242,500 | 17 ROUEN WAY |
| 18 Nov 2022 | £213,999 | £215,000 | 61 ROUEN WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 16 Oct 2017. Using an estimated price of £401,008 means this house is valued at £4,455 per sq meter (£413 per sq foot).
The average size of a house on BURTON ROAD is 130 sq meters (1,407 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ratcliff Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Ratcliff Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tower Gardens |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tower Gardens |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tower Gardens |