£622,440
This estimated value is based upon the latest sale price for the house of £183,950 on 31 May 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £183,950 | 31 May 2001 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 sq feet |
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 May 2001 the House Price Index for LEICESTERSHIRE was 43.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 238.375%.Applying this 238.375% change to the original purchase price of £183,950 results in an estimated price of approximately £622,440.
| 31 May 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 146.7 | 238.375 % | £183,950 | £438,490 | £622,440 |
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 | 128.435 % | £236,256 | £420,206 |
| 3 Month Average | 140.956 % | £259,289 | £443,239 |
| 6 Month Average | 175.913 % | £323,591 | £507,541 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 21 Nov 2013.
The average size of a house on FORSYTHIA CLOSE is 146 sq meters (1,574 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Lilac Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Jasmine Close |
| Feb 2024 | Drugs | Under investigation | On or near Jasmine Close |
| Nov 2023 | Other theft | Investigation complete; no suspect identified | On or near Honeysuckle Close |
| Nov 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Blackthorn Close |