£476,642
This estimated value is based upon the latest sale price for the house of £450,000 on 14 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 14 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 239 sq meters or 2,572 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 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £450,000 results in an estimated price of approximately £476,642.
| 14 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £450,000 | £26,642 | £476,642 |
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 | -16.082 % | £-72,371 | £377,628 |
| 3 Month Average | -8.806 % | £-39,627 | £410,372 |
| 6 Month Average | -11.316 % | £-50,923 | £399,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Nov 2021 | £170,879 | £158,000 | 8 ASH CLOSE |
| 13 Mar 2020 | £461,299 | £383,000 | 11 BURGHLEY ROAD |
| 28 Nov 2019 | £114,673 | £93,500 | FLAT 7 FERGUSON HOUSE STONES LANE |
| 18 Jul 2016 | £139,815 | £105,000 | 5 HERON VIEW |
| 13 May 2016 | £208,152 | £155,000 | 45 LIME TREE CLOSE |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 31 May 2013.
The average size of a house on SHEARWATER CLOSE is 268 sq meters (2,884 sq feet).
This house is the largest in the street with a floor area of 239 sq meters (2,572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Shearwater Close | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near B1378 |
| Mar 2024 | Other theft | Under investigation | On or near Shearwater Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Anti-social behaviour | On or near Sampson Close |