£184,258
This estimated value is based upon the latest sale price for the house of £125,000 on 13 Mar 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 13 Mar 2015 |
| £124,000 | 22 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2015 the House Price Index for LINCOLNSHIRE was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £125,000 results in an estimated price of approximately £184,258.
| 13 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £125,000 | £59,258 | £184,258 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 33.688 % | £42,109 | £167,109 |
| 3 Month Average | 47.828 % | £59,784 | £184,784 |
| 6 Month Average | 36.908 % | £46,135 | £171,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £184,502 | £181,274 | 57 NORTH PARADE |
| 22 Sep 2023 | £167,137 | £165,000 | 10 MANOR PLACE |
| 22 Sep 2023 | £187,396 | £185,000 | 8 MANOR PLACE |
| 22 Sep 2022 | £248,989 | £251,000 | 25 MEADOWFIELD |
| 20 Sep 2022 | £138,879 | £140,000 | 24 THE DROVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Sep 2012. Using an estimated price of £184,258 means this house is valued at £2,167 per sq meter (£201 per sq foot).
The average size of a house on MEADOWFIELD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Manor Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Mar 2024 | Public order | Under investigation | On or near North Road |
| Mar 2024 | Public order | Under investigation | On or near North Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Road |