£374,413
This estimated value is based upon the latest sale price for the house of £254,000 on 18 Mar 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Ring Road
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| Price Paid | Date |
|---|---|
| £254,000 | 18 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in March 2015 the House Price Index for LEICESTER was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £254,000 results in an estimated price of approximately £374,413.
| 18 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £254,000 | £120,413 | £374,413 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 95.622 % | £242,879 | £496,879 |
| 3 Month Average | 63.781 % | £162,003 | £416,003 |
| 6 Month Average | 71.652 % | £181,996 | £435,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £572,008 | £562,000 | 41 RING ROAD |
| 9 Mar 2023 | £22,209 | £22,000 | GARAGE 114B KNIGHTON CHURCH ROAD |
| 30 Jun 2021 | £686,672 | £640,000 | 43 SHANKLIN DRIVE |
| 24 Jun 2021 | £461,357 | £430,000 | 5 RYDE AVENUE |
| 18 Jun 2021 | £590,108 | £550,000 | 47 SHANKLIN DRIVE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 22 Dec 2014. Using an estimated price of £374,413 means this house is valued at £2,636 per sq meter (£244 per sq foot).
The average size of a house on VENTNOR ROAD is 173 sq meters (1,872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ring Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ring Road |
| Jan 2024 | Burglary | Under investigation | On or near Shanklin Gardens |
| Feb 2024 | Burglary | Under investigation | On or near The Orchard |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Link Road |