£225,691
This estimated value is based upon the latest sale price for the house of £112,000 on 26 May 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £112,000 | 26 May 2004 |
| £67,000 | 19 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 May 2004 the House Price Index for LEICESTER was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £112,000 results in an estimated price of approximately £225,691.
| 26 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £112,000 | £113,691 | £225,691 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 104.875 % | £117,459 | £229,459 |
| 3 Month Average | 92.605 % | £103,717 | £215,717 |
| 6 Month Average | 102.788 % | £115,123 | £227,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £144,641 | £142,500 | 28 CYPRUS ROAD |
| 4 Aug 2023 | £901,890 | £894,000 | 12A SAFFRON WAY |
| 13 Jul 2023 | £197,660 | £195,000 | 115 BURGESS ROAD |
| 16 Jan 2023 | £230,912 | £232,000 | 307 MILLIGAN ROAD |
| 1 Aug 2022 | £139,624 | £140,000 | 11 BURGESS ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 23 Mar 2016. Using an estimated price of £225,691 means this house is valued at £1,912 per sq meter (£177 per sq foot).
The average size of a house on BURGESS ROAD is 84 sq meters (911 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burgess Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Burgess Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burgess Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burgess Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burgess Road |