£205,157
This estimated value is based upon the latest sale price for the house of £127,500 on 14 Jan 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £127,500 | 14 Jan 2014 |
| £126,950 | 12 Jan 2005 |
| £49,500 | 24 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2014 the House Price Index for LINCOLNSHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £127,500 results in an estimated price of approximately £205,157.
| 14 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £127,500 | £77,657 | £205,157 |
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 | 53.722 % | £68,495 | £195,995 |
| 3 Month Average | 54.600 % | £69,614 | £197,114 |
| 6 Month Average | 52.978 % | £67,547 | £195,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £232,152 | £227,500 | 5 OAK ROAD |
| 13 Jun 2022 | £204,317 | £199,950 | 33 OAK ROAD |
| 21 Jan 2022 | £190,836 | £180,000 | 14 ALDER ROAD |
| 14 Jan 2022 | £190,836 | £180,000 | 8 LARCH WAY |
| 17 Dec 2021 | £242,844 | £225,000 | 42 OAK ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Oct 2013. Using an estimated price of £205,157 means this house is valued at £2,889 per sq meter (£268 per sq foot).
The average size of a house on OAK ROAD is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Larch Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peartree Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peartree Close |
| May 2024 | Anti-social behaviour | On or near Aspen Drive | |
| May 2024 | Anti-social behaviour | On or near Aspen Drive |