£309,426
This estimated value is based upon the latest sale price for the house of £238,000 on 2 Feb 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £238,000 | 2 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 February 2017 the House Price Index for LINCOLNSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £238,000 results in an estimated price of approximately £309,426.
| 2 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £238,000 | £71,426 | £309,426 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 25.570 % | £60,856 | £298,856 |
| 3 Month Average | 28.453 % | £67,718 | £305,718 |
| 6 Month Average | 23.676 % | £56,349 | £294,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £101,364 | £100,000 | 18 WEBSTER CLOSE |
| 28 Mar 2023 | £244,806 | £242,500 | 32 THE MEAD |
| 5 Aug 2022 | £233,372 | £234,000 | 64 ASTWICK ROAD |
| 27 May 2022 | £219,129 | £215,000 | 11 THE MEAD |
| 30 Mar 2022 | £269,428 | £260,000 | 28 THE MEAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 3 Jun 2016. Using an estimated price of £309,426 means this house is valued at £2,738 per sq meter (£254 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Middlebrook Close |
| Jan 2024 | Shoplifting | Under investigation | On or near Middlebrook Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jason Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Jason Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jason Road |