£265,747
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 21 Aug 2020 |
| £123,000 | 10 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2020 the House Price Index for LEICESTER was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £220,000 results in an estimated price of approximately £265,747.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £220,000 | £45,747 | £265,747 |
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 | 96.419 % | £212,121 | £432,121 |
| 3 Month Average | 30.923 % | £68,030 | £288,030 |
| 6 Month Average | 29.620 % | £65,164 | £285,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2024 | £195,000 | £195,000 | 17 ARCHWAY ROAD |
| 28 May 2024 | £260,000 | £260,000 | 20 FLATHOLME ROAD |
| 30 Apr 2024 | £226,971 | £225,000 | 28 ARCHWAY ROAD |
| 15 Nov 2023 | £287,293 | £280,000 | 222 NETHERHALL ROAD |
| 14 Nov 2023 | £201,105 | £196,000 | 6 BRINDLEY RISE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 May 2016. Using an estimated price of £265,747 means this house is valued at £3,163 per sq meter (£293 per sq foot).
The average size of a house on RINGWOOD ROAD is 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Road |
| Aug 2024 | Robbery | Under investigation | On or near Ringwood Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ringwood Road |
| Oct 2024 | Other theft | Action to be taken by another organisation | On or near Briarfield Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Briarfield Drive |