£318,558
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Nov 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 2 Nov 2016 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2016 the House Price Index for LEICESTERSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £240,000 results in an estimated price of approximately £318,558.
2 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £240,000 | £78,558 | £318,558 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 95.898 % | £230,154 | £470,154 |
3 Month Average | 27.841 % | £66,817 | £306,817 |
6 Month Average | 29.095 % | £69,828 | £309,828 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £463,115 | £456,000 | 22 RUPERT ROAD |
10 Nov 2023 | £369,376 | £360,000 | 25 RUPERT ROAD |
1 Jun 2023 | £428,589 | £420,000 | 44 RUPERT ROAD |
27 Apr 2023 | £481,506 | £472,500 | 11 CROMWELL CRESCENT |
31 Mar 2023 | £493,237 | £485,000 | 5 BISHOP CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 18 Aug 2016. Using an estimated price of £318,559 means this house is valued at £3,884 per sq meter (£360 per sq foot).
The average size of a house on CROMWELL CRESCENT is 85 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Selby Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Selby Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Green Lane |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Green Lane |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane |