£170,140
This estimated value is based upon the latest sale price for the house of £92,000 on 26 May 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,000 | 26 May 2005 |
| £69,000 | 23 Sep 2002 |
| £46,300 | 26 Feb 2001 |
| Terraced |
| Freehold |
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 May 2005 the House Price Index for LINCOLNSHIRE was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £92,000 results in an estimated price of approximately £170,140.
| 26 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £92,000 | £78,140 | £170,140 |
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 | 103.399 % | £95,126 | £187,126 |
| 3 Month Average | 59.758 % | £54,977 | £146,977 |
| 6 Month Average | 60.312 % | £55,486 | £147,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £129,771 | £127,500 | 22 RHODES AVENUE |
| 15 Sep 2023 | £299,834 | £296,000 | 56 GRANTHAM ROAD |
| 1 Aug 2023 | £141,236 | £140,000 | 7 RHODES AVENUE |
| 17 Feb 2023 | £112,924 | £113,000 | 24 RHODES AVENUE |
| 22 Jul 2022 | £185,499 | £185,000 | 8 BOURNE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Buttler Way |
| Jan 2024 | Other theft | Under investigation | On or near Spriggs Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rhodes Avenue |
| Jan 2024 | Anti-social behaviour | On or near Rhodes Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Rhodes Avenue |