£217,176
This estimated value is based upon the latest sale price for the house of £215,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Memorial Gardens
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| Price Paid | Date |
|---|---|
| £215,000 | 8 Jul 2022 |
| £97,500 | 4 Jan 2019 |
| Terraced |
| Freehold |
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 July 2022 the House Price Index for LINCOLNSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £215,000 results in an estimated price of approximately £217,176.
| 8 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £215,000 | £2,176 | £217,176 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 40.052 % | £86,112 | £301,112 |
| 3 Month Average | 7.431 % | £15,977 | £230,977 |
| 6 Month Average | 0.910 % | £1,955 | £216,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £115,551 | £112,000 | 2 BRAYLAND COURT SLEAFORD ROAD |
| 16 Aug 2023 | £448,082 | £440,000 | 16 - 18 SLEAFORD ROAD |
| 17 Mar 2023 | £208,482 | £205,000 | 21 GOLDCREST AVENUE |
| 8 Jul 2022 | £217,176 | £215,000 | 42 KIRK ROAD |
| 6 Jun 2022 | £209,478 | £205,000 | 1 SLEAFORD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Memorial Gardens | |
| May 2024 | Bicycle theft | Under investigation | On or near Memorial Gardens |
| May 2024 | Burglary | Under investigation | On or near Memorial Gardens |
| Jul 2024 | Anti-social behaviour | On or near Kirk Road | |
| Jul 2024 | Anti-social behaviour | On or near Kirk Road |