£348,834
This estimated value is based upon the latest sale price for the house of £279,950 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Forsythia Close
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| Price Paid | Date |
|---|---|
| £279,950 | 31 Aug 2018 |
| £260,000 | 6 Apr 2017 |
| £201,000 | 11 Dec 2009 |
| £199,950 | 4 Jun 2004 |
| £119,950 | 30 Mar 2001 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in August 2018 the House Price Index for LEICESTERSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £279,950 results in an estimated price of approximately £348,834.
| 31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £279,950 | £68,884 | £348,834 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 32.089 % | £89,833 | £369,783 |
| 3 Month Average | 10.834 % | £30,330 | £310,280 |
| 6 Month Average | 7.103 % | £19,885 | £299,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2021 | £419,465 | £385,000 | 61 LILAC DRIVE |
| 23 Aug 2021 | £357,392 | £318,000 | 15 LILAC DRIVE |
| 21 Aug 2020 | £386,541 | £320,000 | 11 LILAC DRIVE |
| 10 Jul 2020 | £462,898 | £380,000 | 7 FORSYTHIA CLOSE |
| 21 Sep 2018 | £354,542 | £285,000 | 30 LILAC DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Forsythia Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Allfrey Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willow Tree Crescent |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Honeysuckle Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Azalea Close |