£204,038
This estimated value is based upon the latest sale price for the house of £205,000 on 19 Jan 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 19 Jan 2023 |
| £112,000 | 21 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2023 the House Price Index for LINCOLNSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £205,000 results in an estimated price of approximately £204,038.
| 19 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £205,000 | £-961 | £204,038 |
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 | -6.221 % | £-12,752 | £192,247 |
| 3 Month Average | -2.846 % | £-5,834 | £199,165 |
| 6 Month Average | -2.901 % | £-5,947 | £199,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £120,000 | £120,000 | 5 ELMWOOD CLOSE |
| 6 Dec 2023 | £150,127 | £147,500 | 32 LARCHWOOD CRESCENT |
| 7 Nov 2023 | £88,307 | £87,000 | 3 HAZELWOOD AVENUE |
| 25 Jan 2023 | £141,832 | £142,500 | 4 ELMWOOD CLOSE |
| 19 Jan 2023 | £204,039 | £205,000 | 55 LARCHWOOD CRESCENT |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 26 Aug 2015. Using an estimated price of £204,039 means this house is valued at £2,217 per sq meter (£206 per sq foot).
The average size of a house on LARCHWOOD CRESCENT is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lancewood Gardens |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancewood Gardens |
| Feb 2024 | Other crime | Under investigation | On or near Tulipwood Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tulipwood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tulipwood Avenue |