£247,333
This estimated value is based upon the latest sale price for the house of £200,000 on 3 Apr 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 3 Apr 2020 |
| £43,000 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 April 2020 the House Price Index for LEICESTERSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £200,000 results in an estimated price of approximately £247,333.
| 3 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £200,000 | £47,333 | £247,333 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 17.346 % | £34,691 | £234,691 |
| 3 Month Average | 26.650 % | £53,299 | £253,299 |
| 6 Month Average | 23.423 % | £46,845 | £246,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £457,022 | £450,000 | 11 CUMBERLAND ROAD |
| 28 Mar 2024 | £385,929 | £380,000 | 39 GOODS YARD CLOSE |
| 28 Mar 2024 | £497,646 | £490,000 | 9 CUMBERLAND ROAD |
| 28 Mar 2024 | £330,071 | £325,000 | 41 GOODS YARD CLOSE |
| 20 Oct 2023 | £194,416 | £190,000 | 57 CUMBERLAND ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 7 Jun 2018. Using an estimated price of £247,333 means this house is valued at £2,631 per sq meter (£244 per sq foot).
The average size of a house on CUMBERLAND ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cumberland Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cumberland Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cumberland Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Street |