£287,404
This estimated value is based upon the latest sale price for the house of £229,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £229,000 | 31 Jan 2018 |
| £166,000 | 31 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 2018 the House Price Index for LINCOLNSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £229,000 results in an estimated price of approximately £287,404.
| 31 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £229,000 | £58,404 | £287,404 |
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 | 12.760 % | £29,219 | £258,219 |
| 3 Month Average | 17.319 % | £39,661 | £268,661 |
| 6 Month Average | 19.715 % | £45,146 | £274,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £182,705 | £180,000 | 6 SAMPSON CLOSE |
| 17 Jun 2022 | £104,476 | £103,000 | FLAT 5 FERGUSON HOUSE STONES LANE |
| 9 Mar 2022 | £575,126 | £555,000 | STONES PLACE LODGE SKELLINGTHORPE ROAD |
| 14 Jan 2022 | £336,771 | £320,000 | 19 BURGHLEY ROAD |
| 21 Dec 2021 | £278,558 | £260,000 | 23 BURGHLEY ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 14 Aug 2017. Using an estimated price of £287,404 means this house is valued at £3,123 per sq meter (£290 per sq foot).
The average size of a house on BURGHLEY ROAD is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Shearwater Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lake Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lake Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lake Crescent |