£278,325
This estimated value is based upon the latest sale price for the house of £117,995 on 26 Jun 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£117,995 | 26 Jun 2003 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 2003 the House Price Index for LINCOLNSHIRE was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £117,995 results in an estimated price of approximately £278,325.
26 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £117,995 | £160,330 | £278,325 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 204.802 % | £241,656 | £359,651 |
3 Month Average | 114.104 % | £134,637 | £252,632 |
6 Month Average | 113.610 % | £134,054 | £252,049 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £232,503 | £230,000 | 4 LELAND CLOSE |
11 Apr 2023 | £293,156 | £290,000 | 10 PADLEY ROAD |
1 Mar 2023 | £232,188 | £230,000 | 10 STUKELEY CLOSE |
29 Apr 2022 | £247,152 | £240,000 | 1 FLAXLEY CLOSE |
25 Feb 2022 | £390,639 | £372,500 | 8 BUCK CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 14 Jun 2012. Using an estimated price of £278,326 means this house is valued at £3,025 per sq meter (£281 per sq foot).
The average size of a house on LELAND CLOSE is 107 sq meters (1,155 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Padley Road | |
Mar 2024 | Anti-social behaviour | On or near Padley Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stukeley Close |
Dec 2023 | Anti-social behaviour | On or near Stukeley Close | |
Dec 2023 | Anti-social behaviour | On or near Stukeley Close |