£205,250
This estimated value is based upon the latest sale price for the house of £165,000 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 18 Jun 2018 |
| £44,000 | 1 Apr 1999 |
| £44,000 | 3 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,263 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 June 2018 the House Price Index for LINCOLNSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £165,000 results in an estimated price of approximately £205,250.
| 18 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £165,000 | £40,250 | £205,250 |
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 | 23.757 % | £39,199 | £204,199 |
| 3 Month Average | 24.351 % | £40,178 | £205,178 |
| 6 Month Average | 25.191 % | £41,565 | £206,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 27 May 2022 | £137,593 | £135,000 | 2 MANOR PLACE |
This house has a floor area of 117 sq meters or 1,263 sq feet when measured on 17 Jan 2011. Using an estimated price of £205,250 means this house is valued at £1,748 per sq meter (£162 per sq foot).
The average size of a house on THE DROVE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Manor Place |
| Mar 2024 | Public order | Under investigation | On or near North Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Mar 2024 | Public order | Under investigation | On or near North Road |