£358,400
This estimated value is based upon the latest sale price for the house of £242,500 on 5 Feb 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£242,500 | 5 Feb 2015 |
£200,000 | 29 Jul 2004 |
£60,000 | 28 Aug 1998 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 February 2015 the House Price Index for LINCOLNSHIRE was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £242,500 results in an estimated price of approximately £358,400.
5 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £242,500 | £115,900 | £358,400 |
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 | 117.439 % | £284,789 | £527,289 |
3 Month Average | 45.310 % | £109,876 | £352,376 |
6 Month Average | 36.353 % | £88,155 | £330,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £322,824 | £320,000 | 9 NETTLEHAM CLOSE |
19 Aug 2022 | £329,114 | £330,000 | 22 BROADWAY |
30 Jun 2022 | £532,526 | £525,000 | 7 MARRINER CRESCENT |
11 Apr 2022 | £612,730 | £595,000 | 18 BROADWAY |
30 Mar 2022 | £471,499 | £455,000 | 25 MARRINER CRESCENT |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 1 Nov 2012. Using an estimated price of £358,401 means this house is valued at £3,116 per sq meter (£289 per sq foot).
The average size of a house on NETTLEHAM CLOSE is 136 sq meters (1,467 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haffenden Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haffenden Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bruce Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bruce Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bruce Road |