£158,745
This estimated value is based upon the latest sale price for the house of £96,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£96,000 | 30 Aug 2013 |
£68,000 | 8 Nov 2012 |
£50,000 | 14 Dec 2007 |
£32,500 | 11 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 32 sq meters or 344 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 2013 the House Price Index for LINCOLNSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £96,000 results in an estimated price of approximately £158,745.
30 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £96,000 | £62,745 | £158,745 |
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 | 45.092 % | £43,287 | £139,287 |
3 Month Average | 45.541 % | £43,718 | £139,718 |
6 Month Average | 50.896 % | £48,859 | £144,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £165,111 | £163,000 | 10 RIDGEWELL CLOSE |
4 Sep 2023 | £131,684 | £130,000 | 16 STRUBBY CLOSE |
11 Aug 2023 | £86,759 | £86,000 | 1 STRUBBY CLOSE |
17 Apr 2023 | £192,068 | £190,000 | 16 RIDGEWELL CLOSE |
24 Mar 2023 | £126,189 | £125,000 | 3 STRUBBY CLOSE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 22 Jun 2012. Using an estimated price of £158,746 means this house is valued at £4,960 per sq meter (£460 per sq foot).
The average size of a house on ELSHAM CRESCENT is 75 sq meters (812 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Folkingham Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Folkingham Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Folkingham Close |
Mar 2024 | Other crime | Under investigation | On or near Ridgewell Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Elsham Close |