£282,733
This estimated value is based upon the latest sale price for the house of £166,000 on 22 Sep 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £166,000 | 22 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2006 the House Price Index for LINCOLNSHIRE was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £166,000 results in an estimated price of approximately £282,733.
| 22 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £166,000 | £116,733 | £282,733 |
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 | 130.202 % | £216,135 | £382,135 |
| 3 Month Average | 49.987 % | £82,977 | £248,977 |
| 6 Month Average | 43.949 % | £72,955 | £238,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £227,914 | £225,000 | 32 KIRKSTALL CLOSE |
| 18 Jul 2023 | £243,274 | £240,000 | 22 FLAXLEY ROAD |
| 29 Jun 2023 | £117,422 | £116,000 | 28 FLAXLEY ROAD |
| 28 Apr 2023 | £363,918 | £360,000 | 41 FLAXLEY ROAD |
| 26 Sep 2022 | £208,318 | £210,000 | 15 FLAXLEY ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Mar 2020. Using an estimated price of £282,733 means this house is valued at £2,416 per sq meter (£224 per sq foot).
The average size of a house on FLAXLEY ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Flaxley Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Kirkstall Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkstall Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stukeley Close |
| Dec 2023 | Anti-social behaviour | On or near Stukeley Close |