£328,463
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 15 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 October 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £280,000 results in an estimated price of approximately £328,463.
| 15 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £280,000 | £48,463 | £328,463 |
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 | -2.849 % | £-7,977 | £272,022 |
| 3 Month Average | 8.831 % | £24,727 | £304,727 |
| 6 Month Average | 5.686 % | £15,919 | £295,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £294,769 | £291,000 | 60 GREGG HALL CRESCENT |
| 17 Jul 2023 | £248,342 | £245,000 | 161 HYKEHAM ROAD |
| 7 Jul 2023 | £238,206 | £235,000 | 197 HYKEHAM ROAD |
| 6 Jul 2023 | £299,025 | £295,000 | 166 HYKEHAM ROAD |
| 7 Mar 2023 | £328,091 | £325,000 | 186 HYKEHAM ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 28 Jan 2020. Using an estimated price of £328,463 means this house is valued at £2,526 per sq meter (£234 per sq foot).
The average size of a house on GREGG HALL DRIVE is 150 sq meters (1,621 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Crescent |
| Feb 2024 | Burglary | Under investigation | On or near Hykeham Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rivermead |