£139,330
This estimated value is based upon the latest sale price for the house of £135,000 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 8 Mar 2022 |
| £80,000 | 9 Sep 2011 |
| Terraced |
| 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 March 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £135,000 results in an estimated price of approximately £139,330.
| 8 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £135,000 | £4,330 | £139,330 |
The Postcode Pricing Model uses changes in average sales price within the LN13 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 | 238.737 % | £322,294 | £457,294 |
| 3 Month Average | 7.348 % | £9,920 | £144,920 |
| 6 Month Average | 10.521 % | £14,203 | £149,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2022 | £116,582 | £118,000 | 23 FINSBURY STREET |
| 19 Aug 2022 | £225,973 | £227,500 | 8 SEYMOUR LANE |
| 5 Jul 2022 | £95,870 | £96,000 | 19 SEYMOUR LANE |
| 8 Mar 2022 | £139,331 | £135,000 | 52 FARLESTHORPE ROAD |
| 11 Feb 2022 | £124,343 | £119,050 | 12 SEYMOUR LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Oct 2021. Using an estimated price of £139,331 means this house is valued at £1,809 per sq meter (£168 per sq foot).
The average size of a house on FARLESTHORPE ROAD is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Patrick Keily Close |
| Feb 2024 | Anti-social behaviour | On or near Patrick Keily Close | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Keily Close | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Keily Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conlie Close |