£362,691
This estimated value is based upon the latest sale price for the house of £350,000 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 8 Mar 2022 |
| £240,500 | 21 Mar 2016 |
| £173,000 | 28 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £350,000 results in an estimated price of approximately £362,691.
| 8 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £350,000 | £12,691 | £362,691 |
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 | 51.256 % | £179,396 | £529,396 |
| 3 Month Average | -0.416 % | £-1,455 | £348,544 |
| 6 Month Average | -0.522 % | £-1,826 | £348,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £950,000 | £950,000 | 46 NETTLEHAM ROAD |
| 30 Jun 2023 | £354,292 | £350,000 | 10 BROADWAY CLOSE |
| 6 Feb 2023 | £384,741 | £385,000 | 11 MANOR ROAD |
| 12 May 2022 | £448,450 | £440,000 | 6 MANOR ROAD |
| 8 Mar 2022 | £362,692 | £350,000 | 16 BRUCE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 28 Jan 2016. Using an estimated price of £362,692 means this house is valued at £4,075 per sq meter (£378 per sq foot).
The average size of a house on BRUCE ROAD is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bruce Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bruce Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bruce Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bruce Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haffenden Road |