£188,571
This estimated value is based upon the latest sale price for the house of £150,000 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 6 Dec 2017 |
| £129,000 | 9 Feb 2007 |
| £114,000 | 1 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2017 the House Price Index for LINCOLNSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £150,000 results in an estimated price of approximately £188,571.
| 6 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £150,000 | £38,571 | £188,571 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 16.773 % | £25,159 | £175,159 |
| 3 Month Average | 15.282 % | £22,922 | £172,922 |
| 6 Month Average | 15.044 % | £22,566 | £172,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £230,290 | £227,500 | 5 OAK ROAD |
| 7 Sep 2022 | £218,238 | £220,000 | 25 SOUTHFIELDS |
| 11 Apr 2022 | £236,854 | £230,000 | 1 BRIDLE CLOSE |
| 12 Jan 2022 | £163,649 | £155,500 | 30 SOUTHFIELDS |
| 5 Nov 2021 | £445,584 | £412,000 | 30A LONDON ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 Feb 2010. Using an estimated price of £188,571 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on HOLLY CLOSE is 100 sq meters (1,081 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Rosewood Drive | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Berry Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Berry Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Berry Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Berry Close |