£247,127
This estimated value is based upon the latest sale price for the house of £161,995 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £161,995 | 22 Aug 2014 |
| Detached |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 2014 the House Price Index for LINCOLNSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £161,995 results in an estimated price of approximately £247,127.
| 22 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £161,995 | £85,132 | £247,127 |
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 | 70.211 % | £113,738 | £275,733 |
| 3 Month Average | 20.345 % | £32,958 | £194,953 |
| 6 Month Average | 22.961 % | £37,195 | £199,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £244,043 | £238,500 | 48 PINGLE CLOSE |
| 11 Aug 2023 | £178,723 | £175,500 | 12 MAYBELL CLOSE |
| 25 Nov 2022 | £139,348 | £140,000 | 9 MIDDLEFIELD LANE |
| 15 Nov 2022 | £223,953 | £225,000 | 24 MAYBELL CLOSE |
| 8 Jul 2022 | £141,417 | £140,000 | 26 PINGLE CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 4 Aug 2014. Using an estimated price of £247,128 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on MAYBELL CLOSE is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Pingle Close | |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Pingle Close |
| May 2024 | Anti-social behaviour | On or near Pingle Close | |
| May 2024 | Criminal damage and arson | Under investigation | On or near Pingle Close |
| May 2024 | Anti-social behaviour | On or near Pingle Close |