£161,049
This estimated value is based upon the latest sale price for the house of £95,000 on 22 Aug 2008. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 22 Aug 2008 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 August 2008 the House Price Index for LEICESTERSHIRE was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £95,000 results in an estimated price of approximately £161,049.
| 22 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 149.7 | 69.526 % | £95,000 | £66,049 | £161,049 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 74.955 % | £71,207 | £166,207 |
| 3 Month Average | 61.135 % | £58,078 | £153,078 |
| 6 Month Average | 58.552 % | £55,624 | £150,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £148,777 | £145,000 | 7 BURLEIGH ROAD |
| 9 Nov 2023 | £307,814 | £300,000 | 36 BRAME ROAD |
| 27 Sep 2023 | £359,934 | £352,000 | 24 BRAME ROAD |
| 23 Jun 2023 | £235,214 | £230,500 | 49 BURLEIGH ROAD |
| 12 Apr 2023 | £203,812 | £200,000 | 89 TUDOR ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 18 Jun 2019. Using an estimated price of £161,049 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on KING RICHARD ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Brame Road | |
| Aug 2024 | Anti-social behaviour | On or near Brame Road | |
| Aug 2024 | Anti-social behaviour | On or near Brame Road | |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Brame Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burleigh Road |