£199,531
This estimated value is based upon the latest sale price for the house of £195,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Lower Cambridge Street
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Price Paid | Date |
---|---|
£195,000 | 31 Oct 2023 |
£100,000 | 13 Jul 2012 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 October 2023 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £195,000 results in an estimated price of approximately £199,531.
31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £195,000 | £4,531 | £199,531 |
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 | -16.942 % | £-33,037 | £161,962 |
3 Month Average | -3.601 % | £-7,021 | £187,978 |
6 Month Average | 4.551 % | £8,874 | £203,874 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £187,887 | £185,000 | 86 LOWER CAMBRIDGE STREET |
31 Oct 2023 | £199,532 | £195,000 | 89 LOWER CAMBRIDGE STREET |
9 Aug 2023 | £269,867 | £265,000 | 93 LOWER CAMBRIDGE STREET |
24 Feb 2023 | £186,244 | £185,000 | 18 ALFRED STREET |
1 Jul 2022 | £205,055 | £203,000 | 40 LOWER CAMBRIDGE STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 20 Aug 2021. Using an estimated price of £199,532 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on LOWER CAMBRIDGE STREET is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Cambridge Street |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower Cambridge Street |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lower Cambridge Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alfred Street |