£355,937
This estimated value is based upon the latest sale price for the house of £345,000 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There have been two burglaries within the last year on or near Brinsmead Road
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| Price Paid | Date |
|---|---|
| £345,000 | 19 Dec 2023 |
| £155,000 | 29 Oct 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2023 the House Price Index for LEICESTER was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £345,000 results in an estimated price of approximately £355,937.
| 19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £345,000 | £10,937 | £355,937 |
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 | 68.176 % | £235,206 | £580,206 |
| 3 Month Average | 2.014 % | £6,948 | £351,948 |
| 6 Month Average | 4.693 % | £16,190 | £361,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £355,937 | £345,000 | 3 BRINSMEAD ROAD |
| 1 Dec 2023 | £412,681 | £400,000 | 52 BRINSMEAD ROAD |
| 15 Jun 2023 | £433,691 | £425,000 | 539 WELFORD ROAD |
| 8 Apr 2022 | £300,852 | £290,000 | 2 BRINSMEAD ROAD |
| 7 Jan 2022 | £304,277 | £287,000 | 4 ABERDALE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 Sep 2019. Using an estimated price of £355,937 means this house is valued at £3,707 per sq meter (£344 per sq foot).
The average size of a house on BRINSMEAD ROAD is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Brinsmead Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Brinsmead Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cairnsford Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cairnsford Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cairnsford Road |