£217,982
This estimated value is based upon the latest sale price for the house of £180,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 12 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 June 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £180,000 results in an estimated price of approximately £217,982.
| 12 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £180,000 | £37,982 | £217,982 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 1.920 % | £3,455 | £183,455 |
| 3 Month Average | 26.437 % | £47,586 | £227,586 |
| 6 Month Average | 28.142 % | £50,656 | £230,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £261,342 | £258,000 | UNIT 2A ELLESMERE BUSINESS PARK SWINGBRIDGE ROAD |
| 4 Aug 2023 | £232,030 | £230,000 | 11 ROSEMARY CRESCENT |
| 30 Mar 2022 | £305,697 | £295,000 | 19 WYVILLE ROAD |
| 30 Jun 2021 | £246,773 | £230,000 | 37 ROSEMARY CRESCENT |
| 17 Dec 2020 | £181,339 | £158,000 | 62 ROSEMARY CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Dec 2019. Using an estimated price of £217,983 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on HARLAXTON ROAD is 121 sq meters (1,311 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Offender given a caution | On or near Welwyn Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welwyn Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welwyn Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosemary Crescent |