£234,709
This estimated value is based upon the latest sale price for the house of £137,000 on 15 Apr 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,000 | 15 Apr 2011 |
| £150,000 | 28 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 923 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 April 2011 the House Price Index for LINCOLNSHIRE was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £137,000 results in an estimated price of approximately £234,709.
| 15 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £137,000 | £97,709 | £234,709 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 3.519 % | £4,820 | £141,820 |
| 3 Month Average | 55.283 % | £75,737 | £212,737 |
| 6 Month Average | 66.941 % | £91,709 | £228,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £223,918 | £220,000 | 67 BANOVALLUM GARDENS |
| 10 Aug 2023 | £226,986 | £225,000 | 73 BANOVALLUM GARDENS |
| 15 Jun 2023 | £248,004 | £245,000 | 90 BANOVALLUM GARDENS |
| 27 Jan 2023 | £159,250 | £160,000 | 9 COWLING CLOSE |
| 24 Jun 2022 | £426,021 | £420,000 | 15 MALTBY WAY |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 23 Feb 2011. Using an estimated price of £234,709 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on MALTBY WAY is 127 sq meters (1,368 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Cowling Close |
| Feb 2024 | Anti-social behaviour | On or near Jessop Close | |
| Feb 2024 | Anti-social behaviour | On or near Jessop Close |