£526,588
This estimated value is based upon the latest sale price for the house of £495,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £495,000 | 3 Sep 2021 |
| £375,000 | 20 Oct 2017 |
| £285,000 | 27 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 September 2021 the House Price Index for LEICESTERSHIRE was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £495,000 results in an estimated price of approximately £526,588.
| 3 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £495,000 | £31,588 | £526,588 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | -21.837 % | £-108,093 | £386,906 |
| 3 Month Average | -5.998 % | £-29,687 | £465,312 |
| 6 Month Average | 2.180 % | £10,791 | £505,791 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 15 Jun 2017.
The average size of a house on FOREST ROAD is 142 sq meters (1,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martindale Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Westmorland Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandalwood Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highfields Drive |
| Mar 2024 | Burglary | Under investigation | On or near Highfields Drive |