£118,679
This estimated value is based upon the latest sale price for the house of £98,000 on 24 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £98,000 | 24 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £98,000 results in an estimated price of approximately £118,679.
| 24 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £98,000 | £20,679 | £118,679 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | -7.542 % | £-7,390 | £90,609 |
| 3 Month Average | 7.894 % | £7,735 | £105,735 |
| 6 Month Average | 13.301 % | £13,034 | £111,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £120,000 | £120,000 | 5 ELMWOOD CLOSE |
| 31 Jan 2023 | £144,320 | £145,000 | 55 SUNFIELD CRESCENT |
| 25 Jan 2023 | £141,832 | £142,500 | 4 ELMWOOD CLOSE |
| 13 Jan 2023 | £159,250 | £160,000 | 53 LARCHWOOD CRESCENT |
| 12 Jan 2023 | £151,287 | £152,000 | 8 ELMWOOD CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 Aug 2020. Using an estimated price of £118,679 means this house is valued at £1,825 per sq meter (£169 per sq foot).
The average size of a house on LARCHWOOD CRESCENT is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Sunfield Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Firtree Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Pond Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Pond Close |
| Mar 2024 | Public order | Under investigation | On or near Peartree Close |