£207,486
This estimated value is based upon the latest sale price for the house of £210,000 on 4 Nov 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 4 Nov 2022 |
| £195,000 | 26 Jun 2020 |
| £160,000 | 23 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 November 2022 the House Price Index for LINCOLNSHIRE was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £210,000 results in an estimated price of approximately £207,486.
| 4 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £210,000 | £-2,513 | £207,486 |
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 | 89.748 % | £188,471 | £398,471 |
| 3 Month Average | 0.542 % | £1,137 | £211,137 |
| 6 Month Average | -9.413 % | £-19,767 | £190,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £303,885 | £300,000 | 126 WOLSEY WAY |
| 10 Feb 2023 | £129,913 | £130,000 | 12 ATWATER GROVE |
| 4 Nov 2022 | £207,487 | £210,000 | 3 SWAYNE CLOSE |
| 4 Jul 2022 | £165,445 | £165,000 | 20 ATWATER GROVE |
| 27 May 2022 | £346,529 | £340,000 | 135 WOLSEY WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Apr 2016. Using an estimated price of £207,487 means this house is valued at £3,096 per sq meter (£287 per sq foot).
The average size of a house on SWAYNE CLOSE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Swayne Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Swayne Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Swayne Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Swayne Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Atwater Close |