£89,177
This estimated value is based upon the latest sale price for the house of £61,100 on 1 May 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Richmond Road
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Price Paid | Date |
---|---|
£61,100 | 1 May 2015 |
£95,000 | 4 Jan 2008 |
£30,500 | 30 Mar 2001 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 May 2015 the House Price Index for LINCOLNSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £61,100 results in an estimated price of approximately £89,177.
1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £61,100 | £28,077 | £89,177 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 8.336 % | £5,093 | £66,193 |
3 Month Average | 36.512 % | £22,309 | £83,409 |
6 Month Average | 32.570 % | £19,900 | £81,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £75,318 | £74,000 | 9 PASTURE ROAD |
28 Apr 2023 | £146,578 | £145,000 | 38 HILL CRESCENT |
6 Apr 2023 | £68,740 | £68,000 | 39 ELSHAM WALK |
21 Feb 2023 | £127,414 | £127,500 | 1 HEAPHAM CRESCENT |
24 Jun 2022 | £111,577 | £110,000 | 47 HEAPHAM CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Mar 2015. Using an estimated price of £89,178 means this house is valued at £1,061 per sq meter (£98 per sq foot).
There is one other house on the street which we know the size of, this is 13 RICHMOND ROAD it is 81.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Richmond Road | |
Mar 2024 | Anti-social behaviour | On or near Richmond Road | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Road |
Apr 2024 | Drugs | Under investigation | On or near Springthorpe Road |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Springthorpe Road |