£263,245
This estimated value is based upon the latest sale price for the house of £209,950 on 24 Aug 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £209,950 | 24 Aug 2017 |
| £63,000 | 21 May 1999 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 August 2017 the House Price Index for LINCOLNSHIRE was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £209,950 results in an estimated price of approximately £263,245.
| 24 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £209,950 | £53,295 | £263,245 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 39.375 % | £82,668 | £292,618 |
| 3 Month Average | 22.328 % | £46,877 | £256,827 |
| 6 Month Average | 21.986 % | £46,159 | £256,109 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 6 Jun 2017.
The average size of a house on GLOUCESTER CLOSE is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gloucester Close |
| Mar 2024 | Anti-social behaviour | On or near Gloucester Close | |
| Jan 2024 | Anti-social behaviour | On or near Norwich Close | |
| Jan 2024 | Anti-social behaviour | On or near Norwich Close | |
| Jan 2024 | Anti-social behaviour | On or near Norwich Close |