£172,954
This estimated value is based upon the latest sale price for the house of £140,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 22 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 March 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £140,000 results in an estimated price of approximately £172,954.
| 22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £140,000 | £32,954 | £172,954 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 14.883 % | £20,836 | £160,836 |
| 3 Month Average | 9.252 % | £12,953 | £152,953 |
| 6 Month Average | 5.637 % | £7,892 | £147,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £177,267 | £175,000 | 16 ASHBY CLOSE |
| 11 Jul 2023 | £217,933 | £215,000 | 9 THORSBY CLOSE |
| 29 Jul 2022 | £250,675 | £250,000 | 50 HOLLYWELL ROAD |
| 20 May 2022 | £236,455 | £232,000 | 4 BELVOIR CLOSE |
| 10 May 2022 | £158,486 | £155,500 | 22 SHERWOOD DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Dec 2018. Using an estimated price of £172,954 means this house is valued at £1,879 per sq meter (£174 per sq foot).
The average size of a house on HOLLYWELL ROAD is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherwood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Willoughby Lane |
| Mar 2024 | Other theft | Under investigation | On or near Birkdale |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Birkdale |