£174,952
This estimated value is based upon the latest sale price for the house of £142,995 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,995 | 28 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £142,995 results in an estimated price of approximately £174,952.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £142,995 | £31,957 | £174,952 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 4.972 % | £7,109 | £150,104 |
| 3 Month Average | 26.156 % | £37,401 | £180,396 |
| 6 Month Average | 7.769 % | £11,108 | £154,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £165,000 | £165,000 | 84 BOB RAINSFORTH WAY |
| 7 Nov 2023 | £123,833 | £122,000 | 11 TRENTVALE AVENUE |
| 27 Jul 2023 | £152,046 | £150,000 | 76 BOB RAINSFORTH WAY |
| 5 Jun 2023 | £174,109 | £172,000 | 100 BOB RAINSFORTH WAY |
| 7 Sep 2022 | £257,917 | £260,000 | 18 TRENTVALE AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Feb 2020. Using an estimated price of £174,953 means this house is valued at £2,535 per sq meter (£235 per sq foot).
The average size of a house on BROOK LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brook Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brook Lane |
| Feb 2024 | Anti-social behaviour | On or near Brook Lane | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brook Lane |
| Feb 2024 | Anti-social behaviour | On or near Brook Lane |