£341,519
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Jan 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 30 Jan 2020 |
| £116,000 | 23 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 January 2020 the House Price Index for LINCOLNSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £280,000 results in an estimated price of approximately £341,519.
| 30 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £280,000 | £61,519 | £341,519 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 6.308 % | £17,663 | £297,663 |
| 3 Month Average | 22.525 % | £63,069 | £343,069 |
| 6 Month Average | 33.716 % | £94,405 | £374,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £185,243 | £182,500 | 7 JOHN BROWN CLOSE |
| 29 Sep 2023 | £258,303 | £255,000 | 20 BAGGALEY DRIVE |
| 24 Aug 2023 | £174,022 | £172,500 | 30 BAGGALEY DRIVE |
| 24 Aug 2023 | £181,084 | £179,500 | 23 BAGGALEY DRIVE |
| 31 Jul 2023 | £233,138 | £230,000 | 2 OSBORNE WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Apr 2019. Using an estimated price of £341,520 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on THOMAS SULLY CLOSE is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Osborne Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Osborne Way |