4, Forest Lea
4, Forest Lea
Description & Estimates
4, Forest Lea, Swadlincote appears in the public record as a freehold house sitting on a 642 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,790 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 4, Forest Lea, Swadlincote is £449,580 and its rental estimate is £1,422 per month, given the available information and assuming reasonable condition.
Forest Lea, Moira, Swadlincote, DE12 falls within the DE12 postal district, in the borough of North West Leicestershire.
Our Data Sources
4, Forest Lea, Swadlincote has 31 entries in the Land Registry , most recently in May 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Forest Lea, Swadlincote, we estimate a market value of £472,059 and a rental value of £1,493 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £418,110 and £1,322 per month respectively.
Recent Market Change
Over the last year, 4, Forest Lea, Swadlincote has seen its estimated sale value rise by £4,529 (1.0%) and its estimated rental value move up by £45 per month (3.1%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 4, Forest Lea, Swadlincote as measuring 642 m2.
That makes it the 2nd largest plot in the postcode, where all 5 other houses have recorded plot data.
Sold Prices
The most recent sale of 4, Forest Lea, Swadlincote completed on 26th May 2017 at £365,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 31.3% over the period since May 2017.
- Sold May 2017£365,000
- Sold Feb 2007£343,000
- Sold Dec 2000£142,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Forest Lea, Swadlincote have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2021, was 7, Orchard Close, Swadlincote, DE12 6BY, a freehold house which sold for £385,000.
Read more about house prices in DE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Forest Lea, Moira, Swadlincote, DE12, 4, Forest Lea, Swadlincote comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £164k more expensive than the average property across the DE12 district.
More reading links
Schools Nearby
- 1.5kmOverseal Primary School
- 1.7kmDonisthorpe Primary School
- 1.8kmMoira Primary School
- 4.3kmGranville Academy
- 4.7kmIvanhoe School
- 4.9kmThe Pingle Academy
More reading links
Public Transport Nearby
From 4, Forest Lea, Swadlincote, the nearest station is Burton-on-Trent, 10.4 kilometres away.
- 10.4kmBurton-on-Trent
- 13.0kmWillington
- 13.4kmPolesworth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
