£389,763
This estimated value is based upon the latest sale price for the house of £192,000 on 7 May 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £192,000 | 7 May 2004 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2004 the House Price Index for LEICESTERSHIRE was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £192,000 results in an estimated price of approximately £389,763.
| 7 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £192,000 | £197,763 | £389,763 |
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 | 147.189 % | £282,602 | £474,602 |
| 3 Month Average | 75.839 % | £145,611 | £337,611 |
| 6 Month Average | 92.409 % | £177,424 | £369,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £463,115 | £456,000 | 22 RUPERT ROAD |
| 6 Nov 2023 | £410,418 | £400,000 | 74 RAINSBOROUGH GARDENS |
| 11 Sep 2023 | £311,875 | £305,000 | 48 CROMWELL CRESCENT |
| 1 Jun 2023 | £448,998 | £440,000 | 26 CROMWELL CRESCENT |
| 1 Jun 2023 | £428,589 | £420,000 | 44 RUPERT ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Nov 2021. Using an estimated price of £389,763 means this house is valued at £5,128 per sq meter (£476 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 |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Vaughan Close |
| 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 |