£285,145
This estimated value is based upon the latest sale price for the house of £168,500 on 15 Nov 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,500 | 15 Nov 2012 |
| £181,500 | 29 Jul 2008 |
| £155,000 | 15 Dec 2003 |
| £79,000 | 30 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2012 the House Price Index for LINCOLNSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £168,500 results in an estimated price of approximately £285,145.
| 15 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £168,500 | £116,645 | £285,145 |
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 | 45.320 % | £76,364 | £244,864 |
| 3 Month Average | 56.079 % | £94,493 | £262,993 |
| 6 Month Average | 54.639 % | £92,067 | £260,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £356,316 | £352,000 | 31 CLAY HILL ROAD |
| 9 Jun 2023 | £339,108 | £335,000 | 4 HERMES WAY |
| 14 Jul 2022 | £255,688 | £255,000 | 250 GRANTHAM ROAD |
| 4 Jul 2022 | £325,877 | £325,000 | 7 VANGUARD COURT |
| 29 Apr 2022 | £514,900 | £500,000 | 10 CLAY HILL ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 29 Aug 2012. Using an estimated price of £285,145 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on VANGUARD COURT is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hood Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheviot Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Grantham Road |
| Feb 2024 | Other crime | Under investigation | On or near Grantham Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Grantham Road |