£206,039
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Oct 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 28 Oct 2013 |
| £117,000 | 1 Jun 2012 |
| £50,000 | 2 Oct 2000 |
| £48,000 | 25 Aug 1995 |
| Semi-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 October 2013 the House Price Index for LINCOLNSHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £125,000 results in an estimated price of approximately £206,039.
| 28 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £125,000 | £81,039 | £206,039 |
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 | 82.667 % | £103,333 | £228,333 |
| 3 Month Average | 45.181 % | £56,476 | £181,476 |
| 6 Month Average | 49.125 % | £61,406 | £186,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £175,454 | £171,000 | 8 THE PINES |
| 6 Oct 2023 | £133,021 | £130,000 | 29 SARACEN CLOSE |
| 29 Sep 2023 | £142,133 | £139,000 | 63 THE PINES |
| 15 Aug 2023 | £112,020 | £110,000 | 4 SARACEN CLOSE |
| 28 Jun 2023 | £120,413 | £118,000 | 6 SARACEN CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 27 Mar 2012. Using an estimated price of £206,040 means this house is valued at £2,123 per sq meter (£197 per sq foot).
The average size of a house on MIDDLEFIELD LANE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Kenmare Crescent |