£612,627
This estimated value is based upon the latest sale price for the house of £133,000 on 7 Aug 1998. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Burton Road
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| Price Paid | Date |
|---|---|
| £133,000 | 7 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 207 sq meters or 2,228 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 1998 the House Price Index for LEICESTERSHIRE was 31.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 360.622%.Applying this 360.622% change to the original purchase price of £133,000 results in an estimated price of approximately £612,627.
| 7 Aug 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 146.7 | 360.622 % | £133,000 | £479,627 | £612,627 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 248.583 % | £330,615 | £463,615 |
| 3 Month Average | 283.341 % | £376,843 | £509,843 |
| 6 Month Average | 309.392 % | £411,491 | £544,491 |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 12 Mar 2019.
The average size of a house on GLOUCESTER AVENUE is 170 sq meters (1,830 sq feet).
This house is the largest in the street with a floor area of 207 sq meters (2,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Burton Road |
| Dec 2023 | Anti-social behaviour | On or near Burton Road | |
| Dec 2023 | Anti-social behaviour | On or near Burton Road | |
| Dec 2023 | Anti-social behaviour | On or near Burton Road | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Burton Road |