£163,123
This estimated value is based upon the latest sale price for the house of £155,000 on 24 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 24 Jan 2022 |
| £133,500 | 19 Dec 2018 |
| £119,500 | 27 Jun 2016 |
| £102,500 | 1 Jun 2012 |
| £90,000 | 1 Mar 2005 |
| £59,950 | 26 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £155,000 results in an estimated price of approximately £163,123.
| 24 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £155,000 | £8,123 | £163,123 |
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 | 12.789 % | £19,822 | £174,822 |
| 3 Month Average | 13.249 % | £20,535 | £175,535 |
| 6 Month Average | 5.650 % | £8,757 | £163,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £157,329 | £155,000 | 20 SPIRE VIEW |
| 28 Sep 2023 | £288,691 | £285,000 | 28 PRIORY WAY |
| 3 Apr 2023 | £313,374 | £310,000 | 45 ABBEY ROAD |
| 6 Sep 2022 | £307,517 | £310,000 | 4 PRIORY WAY |
| 29 Apr 2022 | £314,089 | £305,000 | 11 SPIRE VIEW |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 21 Sep 2018. Using an estimated price of £163,123 means this house is valued at £2,674 per sq meter (£248 per sq foot).
The average size of a house on SPIRE VIEW is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |
| Feb 2024 | Other crime | Under investigation | On or near Abbey Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Abbey Road |