£254,315
This estimated value is based upon the latest sale price for the house of £255,000 on 26 Aug 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£255,000 | 26 Aug 2022 |
£255,000 | 26 Aug 2022 |
£195,950 | 14 Oct 2016 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 August 2022 the House Price Index for LEICESTERSHIRE was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £255,000 results in an estimated price of approximately £254,315.
26 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £255,000 | £-684 | £254,315 |
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 | 1.840 % | £4,691 | £259,691 |
3 Month Average | -4.382 % | £-11,173 | £243,826 |
6 Month Average | 6.341 % | £16,170 | £271,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2023 | £408,852 | £405,000 | 44 JACK CUMBERLAND ROAD |
24 Jan 2023 | £622,070 | £625,000 | 9 PAGE ROAD |
26 Aug 2022 | £254,315 | £255,000 | 38 JACK CUMBERLAND ROAD |
12 Aug 2022 | £583,430 | £585,000 | 2 JACK CUMBERLAND ROAD |
11 May 2022 | £356,722 | £350,000 | 26 GLEBE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 30 Oct 2014. Using an estimated price of £254,315 means this house is valued at £4,036 per sq meter (£375 per sq foot).
The average size of a house on JACK CUMBERLAND ROAD is 123 sq meters (1,332 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petworth Drive |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Coleridge Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Coleridge Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Coleridge Way |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Bellfields Lane |