£482,742
This estimated value is based upon the latest sale price for the house of £485,000 on 18 Nov 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £485,000 | 18 Nov 2022 |
| £355,000 | 8 Feb 2007 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2022 the House Price Index for LEICESTERSHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £485,000 results in an estimated price of approximately £482,742.
| 18 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £485,000 | £-2,257 | £482,742 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | -8.539 % | £-41,414 | £443,585 |
| 3 Month Average | -2.219 % | £-10,760 | £474,239 |
| 6 Month Average | 2.728 % | £13,231 | £498,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £190,000 | £190,000 | 42 ROSSITER CLOSE |
| 27 Oct 2023 | £353,018 | £345,000 | INNTABIZ HOUSE, 22 PARK ROAD |
| 5 Jun 2023 | £283,175 | £277,500 | 7 NEWPORT AVENUE |
| 18 Nov 2022 | £482,743 | £485,000 | 41 SCALFORD ROAD |
| 1 Feb 2022 | £122,549 | £116,000 | 43 SCALFORD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 Oct 2018. Using an estimated price of £482,743 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on SCALFORD ROAD is 125 sq meters (1,353 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Sep 2024 | Drugs | Under investigation | On or near Shopping Area |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |