£503,607
This estimated value is based upon the latest sale price for the house of £420,000 on 13 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 13 Aug 2020 |
| £249,950 | 12 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 August 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £420,000 results in an estimated price of approximately £503,607.
| 13 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £420,000 | £83,607 | £503,607 |
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 | 72.563 % | £304,765 | £724,765 |
| 3 Month Average | 5.558 % | £23,342 | £443,342 |
| 6 Month Average | 6.478 % | £27,205 | £447,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £263,188 | £260,000 | 31 CHESNEY ROAD |
| 30 Jan 2023 | £114,461 | £115,000 | 54 CHESNEY ROAD |
| 12 Jul 2022 | £365,985 | £365,000 | 104 BUNKERS HILL |
| 1 Jul 2022 | £436,174 | £435,000 | 123 BUNKERS HILL |
| 27 May 2022 | £346,529 | £340,000 | 135 WOLSEY WAY |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 29 Mar 2013. Using an estimated price of £503,608 means this house is valued at £2,997 per sq meter (£278 per sq foot).
The average size of a house on BUNKERS HILL is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Chesney Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Atwater Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Atwater Close |
| Dec 2023 | Anti-social behaviour | On or near Lilford Close | |
| Dec 2023 | Anti-social behaviour | On or near Lilford Close |