£288,783
This estimated value is based upon the latest sale price for the house of £230,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 3 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 November 2017 the House Price Index for LEICESTERSHIRE was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £230,000 results in an estimated price of approximately £288,783.
| 3 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £230,000 | £58,783 | £288,783 |
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 | 42.906 % | £98,683 | £328,683 |
| 3 Month Average | 25.019 % | £57,542 | £287,542 |
| 6 Month Average | 20.772 % | £47,775 | £277,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £389,871 | £387,500 | 74 BURTON ROAD |
| 17 Mar 2023 | £387,092 | £385,000 | 64 BURTON ROAD |
| 10 Feb 2023 | £295,602 | £297,000 | 1 BRITTANY AVENUE |
| 10 Oct 2022 | £610,919 | £620,000 | 76 BURTON ROAD |
| 19 Aug 2022 | £769,799 | £775,000 | 89 BURTON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Apr 2017. Using an estimated price of £288,783 means this house is valued at £4,310 per sq meter (£400 per sq foot).
The average size of a house on MARLBOROUGH WAY is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brittany Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Knights Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Knights Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Locksley Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burton Road |