£170,081
This estimated value is based upon the latest sale price for the house of £59,500 on 6 Jun 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Malvern Close
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| Price Paid | Date |
|---|---|
| £59,500 | 6 Jun 2002 |
| £42,100 | 19 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2002 the House Price Index for LINCOLNSHIRE was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £59,500 results in an estimated price of approximately £170,081.
| 6 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £59,500 | £110,581 | £170,081 |
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 | 155.694 % | £92,637 | £152,137 |
| 3 Month Average | 150.277 % | £89,414 | £148,914 |
| 6 Month Average | 160.508 % | £95,502 | £155,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £324,809 | £320,000 | 46 AIDAN ROAD |
| 28 Apr 2023 | £176,905 | £175,000 | 22 SANDHURST CRESCENT |
| 31 Mar 2023 | £149,408 | £148,000 | 35 SANDHURST CRESCENT |
| 27 Mar 2023 | £156,474 | £155,000 | 33 SANDHURST CRESCENT |
| 8 Mar 2023 | £403,804 | £400,000 | 25 AIDAN ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Dec 2009. Using an estimated price of £170,082 means this house is valued at £2,394 per sq meter (£222 per sq foot).
The average size of a house on SANDHURST CRESCENT is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Malvern Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Athelstan Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Athelstan Close |
| Mar 2024 | Anti-social behaviour | On or near The Close | |
| Mar 2024 | Anti-social behaviour | On or near The Close |