£348,217
This estimated value is based upon the latest sale price for the house of £229,950 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Lee Road
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| Price Paid | Date |
|---|---|
| £229,950 | 15 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2014 the House Price Index for LINCOLNSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £229,950 results in an estimated price of approximately £348,217.
| 15 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £229,950 | £118,267 | £348,217 |
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 | 132.608 % | £304,932 | £534,882 |
| 3 Month Average | 49.219 % | £113,178 | £343,128 |
| 6 Month Average | 41.569 % | £95,587 | £325,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £347,036 | £344,000 | 17 EGERTON ROAD |
| 20 Jun 2023 | £303,678 | £300,000 | 14 EGERTON ROAD |
| 14 Feb 2023 | £1,243,607 | £1,244,444 | 145 WRAGBY ROAD |
| 12 Aug 2022 | £331,607 | £332,500 | 2 GERALDS CLOSE |
| 13 Jun 2022 | £324,587 | £320,000 | 18 EGERTON ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 Dec 2014. Using an estimated price of £348,217 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on EGERTON ROAD is 128 sq meters (1,387 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lee Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lee Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wragby Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wragby Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wragby Road |