£415,918
This estimated value is based upon the latest sale price for the house of £266,000 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £266,000 | 14 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in December 2007 the House Price Index for LEICESTER was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £266,000 results in an estimated price of approximately £415,918.
| 14 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £266,000 | £149,918 | £415,918 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 52.877 % | £140,653 | £406,653 |
| 3 Month Average | 80.404 % | £213,873 | £479,873 |
| 6 Month Average | 65.123 % | £173,226 | £439,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £407,522 | £395,000 | 62 LADY HAY ROAD |
| 31 Aug 2023 | £621,204 | £610,000 | 11 BILLESDON CLOSE |
| 23 Jun 2023 | £418,384 | £410,000 | 44 LADY HAY ROAD |
| 20 Dec 2021 | £205,069 | £190,000 | 16 TYBURN CLOSE |
| 18 Dec 2020 | £476,936 | £412,500 | 63 LADY HAY ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 11 Sep 2019. Using an estimated price of £415,918 means this house is valued at £3,224 per sq meter (£299 per sq foot).
The average size of a house on BURROW CLOSE is 222 sq meters (2,397 sq feet).
This house is the smallest in the street with a floor area of 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Awaiting court outcome | On or near Tyburn Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lady Hay Road |
| Sep 2024 | Anti-social behaviour | On or near Broadnook Close | |
| Sep 2024 | Anti-social behaviour | On or near Broadnook Close | |
| Oct 2024 | Public order | Under investigation | On or near Buddon Close |