£213,286
This estimated value is based upon the latest sale price for the house of £143,000 on 2 Dec 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,000 | 2 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 December 2014 the House Price Index for LINCOLNSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £143,000 results in an estimated price of approximately £213,286.
| 2 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £143,000 | £70,286 | £213,286 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 33.960 % | £48,562 | £191,562 |
| 3 Month Average | 41.370 % | £59,158 | £202,158 |
| 6 Month Average | 40.078 % | £57,311 | £200,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £202,863 | £203,000 | 3 HYKEHAM ROAD |
| 3 Feb 2023 | £169,886 | £170,000 | 54 ROOKERY LANE |
| 26 Jan 2023 | £174,180 | £175,000 | 11 HYKEHAM ROAD |
| 5 Oct 2022 | £183,029 | £185,000 | 246 NEWARK ROAD |
| 29 Apr 2022 | £58,184 | £56,500 | 17B ROOKERY LANE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 3 May 2013. Using an estimated price of £213,286 means this house is valued at £1,421 per sq meter (£132 per sq foot).
The average size of a house on NEWARK ROAD is 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Awaiting court outcome | On or near Petrol Station |
| Feb 2024 | Drugs | Under investigation | On or near Petrol Station |