£188,143
This estimated value is based upon the latest sale price for the house of £110,000 on 18 Oct 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 18 Oct 2012 |
| £120,500 | 4 Nov 2009 |
| £79,950 | 30 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,209 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 October 2012 the House Price Index for LINCOLNSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £110,000 results in an estimated price of approximately £188,143.
| 18 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £110,000 | £78,143 | £188,143 |
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 | 85.513 % | £94,064 | £204,064 |
| 3 Month Average | 43.976 % | £48,373 | £158,373 |
| 6 Month Average | 42.829 % | £47,111 | £157,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £265,861 | £260,000 | 31 BIRCHWOOD VIEW |
| 4 Sep 2023 | £311,875 | £305,000 | 20 BIRCHWOOD VIEW |
| 18 Aug 2023 | £112,020 | £110,000 | 5 FOSSEWAY |
| 27 Mar 2023 | £126,106 | £124,000 | 9 FOSSEWAY |
| 18 Jan 2023 | £238,638 | £238,000 | 9 BIRCHWOOD VIEW |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 22 Jul 2009. Using an estimated price of £188,144 means this house is valued at £1,674 per sq meter (£155 per sq foot).
The average size of a house on THE ALDERS is 118 sq meters (1,271 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Under investigation | On or near The Alders |
| Jun 2024 | Anti-social behaviour | On or near Heather Close | |
| Jun 2024 | Anti-social behaviour | On or near Heather Close | |
| Jul 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jun 2024 | Anti-social behaviour | On or near Blackthorn Close |