£154,093
This estimated value is based upon the latest sale price for the house of £116,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £116,000 | 2 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2016 the House Price Index for LINCOLNSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £116,000 results in an estimated price of approximately £154,093.
| 2 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £116,000 | £38,093 | £154,093 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 19.476 % | £22,591 | £138,591 |
| 3 Month Average | 36.995 % | £42,914 | £158,914 |
| 6 Month Average | 36.798 % | £42,685 | £158,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £81,091 | £80,000 | 23 MALLARD COURT |
| 28 Jun 2023 | £146,778 | £145,000 | 20 MALLARD COURT |
| 9 Jun 2023 | £242,943 | £240,000 | 321 HARLAXTON ROAD |
| 6 Apr 2023 | £187,014 | £185,000 | 84 HORNSBY ROAD |
| 15 Mar 2023 | £141,332 | £140,000 | 13 MALLARD COURT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Nov 2015. Using an estimated price of £154,093 means this house is valued at £1,791 per sq meter (£166 per sq foot).
The average size of a house on HORNSBY ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stirling Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Harby Close |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Harby Close |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Harby Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Harby Close |