£730,494
This estimated value is based upon the latest sale price for the house of £710,000 on 28 Jul 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£710,000 | 28 Jul 2023 |
£83,000 | 24 May 1996 |
Detached |
Freehold |
Floor Area: 153 sq meters or 1,646 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 July 2023 the House Price Index for LEICESTERSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £710,000 results in an estimated price of approximately £730,494.
28 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £710,000 | £20,494 | £730,494 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 77.399 % | £549,533 | £1,259,533 |
3 Month Average | 0.995 % | £7,066 | £717,066 |
6 Month Average | 0.224 % | £1,592 | £711,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jun 2023 | £884,730 | £867,000 | 23 BURNMILL ROAD |
25 Apr 2023 | £251,708 | £247,000 | 41 HEYGATE STREET |
8 Mar 2023 | £274,586 | £270,000 | FLAT 1 31 BURNMILL ROAD |
30 Jan 2023 | £396,058 | £395,000 | 62 BURNMILL ROAD |
28 Jan 2022 | £413,477 | £390,000 | 44 BURNMILL ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 4 Aug 2021.
The average size of a house on BURNMILL ROAD is 163 sq meters (1,758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Holly Close | |
Jul 2024 | Anti-social behaviour | On or near Holly Close | |
Jul 2024 | Anti-social behaviour | On or near Holly Close | |
Jul 2024 | Anti-social behaviour | On or near Holly Close | |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |