£163,908
This estimated value is based upon the latest sale price for the house of £125,000 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 22 Dec 2016 |
| £109,000 | 28 Jun 2004 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 60 sq meters or 653 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 December 2016 the House Price Index for LINCOLNSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £125,000 results in an estimated price of approximately £163,908.
| 22 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £125,000 | £38,908 | £163,908 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -20.499 % | £-25,623 | £99,376 |
| 3 Month Average | 18.793 % | £23,491 | £148,491 |
| 6 Month Average | 19.984 % | £24,979 | £149,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £136,698 | £134,950 | 12 VENABLES WAY |
| 28 Oct 2022 | £247,337 | £250,000 | 37 BUNKERS HILL |
| 12 Apr 2022 | £265,580 | £257,895 | 32 BUNKERS HILL |
| 1 Feb 2022 | £377,530 | £360,000 | 25 BUNKERS HILL |
| 31 Jan 2022 | £234,161 | £222,500 | 14 ROSS CLOSE |
This house has a floor area of 60 sq meters or 653 sq feet when measured on 12 Jan 2012. Using an estimated price of £163,908 means this house is valued at £2,698 per sq meter (£250 per sq foot).
The average size of a house on ROSS CLOSE is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Exley Square | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Exley Square |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ross Close |
| Feb 2024 | Public order | Under investigation | On or near Venables Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Venables Way |