£88,111
This estimated value is based upon the latest sale price for the house of £18,000 on 1 Dec 1997. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £18,000 | 1 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in December 1997 the House Price Index for LINCOLNSHIRE was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £18,000 results in an estimated price of approximately £88,111.
| 1 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £18,000 | £70,111 | £88,111 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 566.138 % | £101,904 | £119,904 |
| 3 Month Average | 331.299 % | £59,633 | £77,633 |
| 6 Month Average | 310.328 % | £55,858 | £73,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £262,295 | £260,000 | 19 BURNESIDE CLOSE |
| 30 Aug 2023 | £159,394 | £158,000 | 1 THURLBY CRESCENT |
| 4 Aug 2023 | £257,251 | £255,000 | 2 BURNESIDE CLOSE |
| 16 Jun 2023 | £220,673 | £218,000 | 1 BURNESIDE CLOSE |
| 11 Apr 2023 | £156,687 | £155,000 | 10 REDBOURNE DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Oct 2015. Using an estimated price of £88,112 means this house is valued at £1,036 per sq meter (£96 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Laughton Mews |
| Feb 2024 | Anti-social behaviour | On or near Redbourne Drive | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbourne Drive |
| Feb 2024 | Anti-social behaviour | On or near Redbourne Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbourne Drive |