£157,777
This estimated value is based upon the latest sale price for the house of £114,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 18 Dec 2015 |
| £45,750 | 29 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2015 the House Price Index for LINCOLNSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £114,000 results in an estimated price of approximately £157,777.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £114,000 | £43,777 | £157,777 |
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 | 69.418 % | £79,136 | £193,136 |
| 3 Month Average | 28.044 % | £31,970 | £145,970 |
| 6 Month Average | 15.163 % | £17,286 | £131,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £141,236 | £140,000 | 91 CHAUCER DRIVE |
| 21 Jul 2023 | £154,074 | £152,000 | 16 SWIFT GARDENS |
| 5 Apr 2023 | £141,524 | £140,000 | 70 ADDISON DRIVE |
| 20 Jul 2022 | £127,343 | £127,000 | 2 SCOTT GARDENS |
| 12 May 2022 | £167,634 | £164,475 | 263 WRAGBY ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Aug 2014. Using an estimated price of £157,778 means this house is valued at £2,049 per sq meter (£190 per sq foot).
The average size of a house on SWIFT GARDENS is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Scott Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Scott Gardens | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Scott Gardens |
| Dec 2023 | Anti-social behaviour | On or near Scott Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Scott Gardens |