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Syston House Prices Syston House Prices

The average house price in Syston is £222,400 using HM Land Registry data.

The average property price increased by £51,131 (23.3%) over the last 5 years and increased by £10,219 (3.93%) over the last 12 months.

Over the last year, there were 127 residential property sales – a decrease of 30 transactions (-23.62%) relative to the previous year. The majority of house sales (30) were in the £182,000 - £224,000 range. Then came properties in the £224,000 - £266,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,106 (-2%).

In April 2024, there were 41 new estate agency instructions, 14 agreed home sales and 13 property price reductions.

Neighbouring Areas: Thurmaston

Postcodes Covered: LE7

5-Year Average Property Prices in Syston

23.3%

Property prices in Syston increased by 23.3% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Syston Over the Last Year

3.93%

Property prices in Syston increased by 3.93% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Syston - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Syston

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Syston

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Syston

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Syston since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Syston area since 1995.

Recent Property Sales in Syston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Ash Drive, Syston, Leicester, Leicestershire, LE7 2PQ£200,000£190,000-£10,00009 Jan 202428 Feb 202450 Days
9 Necton Street, Syston, Leicester, Leicestershire, LE7 1HF£179,950£170,000-£9,95031 Oct 202316 Feb 2024108 Days
27 Mostyn Avenue, Syston, Leicester, Leicestershire, LE7 2ET£230,000£230,000£0007 Nov 202302 Feb 202487 Days
32 Forge Court, Syston, Leicester, Leicestershire, LE7 2DX£125,000£125,000£0029 Apr 202331 Jan 2024277 Days
33 Lincoln Drive, Syston, Leicester, Leicestershire, LE7 2JW£180,000£180,000£0007 Aug 202318 Jan 2024164 Days
10 Forge Court, Syston, Leicester, Leicestershire, LE7 2DX£135,000£130,000-£5,00011 May 202315 Dec 2023218 Days
1020 Melton Road, Syston, Leicester, Leicestershire, LE7 2NN£300,000£300,000£0014 Dec 202315 Dec 20231 Days
39a, Bath Street, Syston, Leicester, Leicestershire, LE7 1GB£115,000£107,000-£8,00001 Sep 202308 Dec 202398 Days
33 Goodes Lane, Syston, Leicester, Leicestershire, LE7 2JL£343,000£340,000-£3,00018 Jul 202301 Dec 2023136 Days
26 Taylor Close, Syston, Leicester, Leicestershire, LE7 1UR£215,000£210,000-£5,00015 Apr 202329 Nov 2023228 Days
64 Old Station Road, Syston, Leicester, Leicestershire, LE7 1NT£149,500£149,500£0003 Jul 202328 Nov 2023148 Days
28 Holmdale Road, Syston, Leicester, Leicestershire, LE7 2JN£325,000£322,000-£3,00019 Jul 202323 Nov 2023127 Days
6 Forge Court, Syston, Leicester, Leicestershire, LE7 2DX£155,000£155,000£0011 May 202323 Nov 2023196 Days
35 Barkby Road, Syston, Leicester, Leicestershire, LE7 2AG£270,000£250,000-£20,00007 Jul 202317 Nov 2023133 Days
20 Holmdale Road, Syston, Leicester, Leicestershire, LE7 2JN£320,000£320,000£0012 Apr 202317 Nov 2023219 Days
95 Wolsey Way, Syston, Leicester, Leicestershire, LE7 1NX£218,000£210,000-£8,00012 May 202303 Nov 2023175 Days
22 Barkby Road, Syston, Leicester, Leicestershire, LE7 2AF£389,950£370,000-£19,95009 Jun 202331 Oct 2023144 Days
10 Old Station Road, Syston, Leicester, Leicestershire, LE7 1NT£150,000£145,000-£5,00017 Mar 202327 Oct 2023224 Days
61 Tentercroft Avenue, Syston, Leicester, Leicestershire, LE7 2EZ£240,000£200,000-£40,00010 Jan 202327 Oct 2023290 Days
91 Wanlip Road, Syston, Leicester, Leicestershire, LE7 1PB£300,000£298,500-£1,50018 Jul 202324 Oct 202398 Days

Most Expensive Streets in Syston

PostcodeStreetAreaAverageNo. of Sales
LE7 2NNMelton RoadSyston£462,0005
LE7 2DPEatough CloseSyston£407,1254
LE7 2DSBlackfriars RoadSyston£361,1669
LE7 2ZRRidgemere CloseSyston£359,0003
LE7 2DGPickwell DriveSyston£356,8005
LE7 1PAWanlip RoadSyston£352,5006
LE7 1GERoman WaySyston£350,0836
LE7 2AUHungarton DriveSyston£350,0007
LE7 2FRAlfred Belshaw RoadSyston£348,8005
LE7 1ZNSwallow DriveSyston£331,4125

Least Expensive Streets in Syston

PostcodeStreetAreaAverageNo. of Sales
LE7 2LPTrafalgar CloseSyston£70,4983
LE7 2DAGreetham WaySyston£124,6663
LE7 1NTOld Station RoadSyston£129,39524
LE7 2FAHertford CloseSyston£129,9005
LE7 2DXForge CourtSyston£138,03318
LE7 2DWJack Hardy CloseSyston£151,6619
LE7 1NZWolsey WaySyston£154,6124
LE7 1NAArchdale StreetSyston£156,3714
LE7 1HTWest StreetSyston£156,6663
LE7 1HLSt Peters StreetSyston£156,9916

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