2 Rose Cottages, Leece is a 2 bedroom semi-detached house spread over 678 square feet, making it one of the smaller properties here - it is ranked as the 7th most expensive property* in LA12 0QS, with a valuation of £171,000.
Since it last sold in May 2017 for £108,000, its value has increased by £63,000.
We expect this property to be in a reasonable condition based on its price per square foot.
At a sale price of £171k, we expect this property to be in a similar condition to the neighbouring properties in the road.
As it has a similar cost per square foot to the other properties in the road, we think it is likely to be in a reasonable decorative condition.
At a valuation of £171k this property has a cost per square foot of £252 - this is comparable with the average for properties for the area (which is currently £262).
If we valued this property using the average cost per square foot (CPSF):
The most paid for a property in , LA12 0QS was £425,000 in 2007.
| Date | Price | Change |
|---|---|---|
| Today's value* | £171,000 | 58.3% |
| 12 May 2017 | £108,000 | 13.7% |
| 04 Sep 2012 | £95,000 | 20.5% |
| 16 Dec 2004 | £119,500 | - |
2 Rose Cottages, Leece has increased in price by £63,000 since it last sold in 2017 - this equates to a 6.8% rise each year.
At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 15 out of 100.
On a cost per square foot basis, this property is valued the same as the other houses in this postcode.
This property is currently valued at £252 per square foot - the average cost per square foot for this postcode is £253.
A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £197,000.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £157k and £185k.
The property didn't turn out to be a great investment for the previous owner - returning on average 2.8% per annum.
The previous owner had the property for 4 years, having purchased it in September 2012 for £95,000.
During this time, the price rose by £13,000 (13.7%), which equates to it increasing in value by 2.8% each year.
The property didn't turn out to be a great investment for the previous owner.
| Property | Valuation | ||
|---|---|---|---|
|
Sea View Cottage, Leece
743 sq.ft. |
£159,000 | ||
 |
2 Rose Cottages, Leece
2 bed | 678 sq. ft. |
£171,000 | |
|
Barn Cottage, Leece
818 sq.ft. |
£238,000 | ||
|
Woodlands, Leece
797 sq.ft. |
£239,000 | ||
|
Armer View, Leece
|
£266,000 | ||
 |
1 Rose Cottages, Leece
2 bed | 1432 sq. ft. |
£303,000 | |
|
Bradley House, Leece
1475 sq.ft. |
£374,000 | ||
|
Penny Garth, Leece
|
£618,000 |
Most likely sale price: £171k
Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.
The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.
In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.
If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.
A number of things can make a property more desirable and sell for more money per square foot than others in the area.
Some of the things that can cause a property to be worth more per square foot include:
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
* Excluding properties that we've been unable to calculate a valuation for.
** Excludes property transactions that occurred before 1995.
Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.
Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.
The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.
