£293,674
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There have been two burglaries within the last year on or near Cumberland Way
More crime details
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Sep 2017 |
| £89,950 | 20 Feb 1998 |
| Detached |
| Freehold |
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 September 2017 the House Price Index for LEICESTERSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £230,000 results in an estimated price of approximately £293,674.
| 29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £230,000 | £63,674 | £293,674 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 50.306 % | £115,704 | £345,704 |
| 3 Month Average | 35.705 % | £82,121 | £312,121 |
| 6 Month Average | 39.720 % | £91,357 | £321,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £208,199 | £205,000 | 17 HAZEL WAY |
| 25 Aug 2022 | £180,846 | £180,000 | 2J HAZEL WAY |
| 31 May 2022 | £338,827 | £330,000 | 91 STAPLETON LANE |
| 30 Sep 2021 | £191,360 | £176,276 | 32 STAPLETON LANE |
| 18 Jun 2021 | £145,917 | £135,000 | 40 STAPLETON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Cumberland Way |
| Aug 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Cumberland Way |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cumberland Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howard Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Ormond Close |