£128,883
This estimated value is based upon the latest sale price for the house of £85,000 on 5 Sep 2014. 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 Greenbank Road
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| Price Paid | Date |
|---|---|
| £85,000 | 5 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 September 2014 the House Price Index for LEICESTER was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £85,000 results in an estimated price of approximately £128,883.
| 5 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £85,000 | £43,883 | £128,883 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 103.535 % | £88,004 | £173,004 |
| 3 Month Average | 94.702 % | £80,497 | £165,497 |
| 6 Month Average | 91.770 % | £78,004 | £163,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £211,840 | £210,000 | 75 KEYHAM LANE WEST |
| 6 Mar 2024 | £192,965 | £190,000 | 3 GREENBANK ROAD |
| 10 Nov 2023 | £246,251 | £240,000 | 23 LIMEHURST ROAD |
| 8 Sep 2023 | £209,621 | £205,000 | 17 KEYHAM LANE WEST |
| 16 Jun 2023 | £293,379 | £287,500 | 30 SELBY AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 May 2014. Using an estimated price of £128,884 means this house is valued at £1,982 per sq meter (£184 per sq foot).
The average size of a house on GREENBANK ROAD is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Greenbank Road | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Greenbank Road |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Greenbank Road |
| Aug 2024 | Other theft | Under investigation | On or near Limehurst Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barry Road |