£480,797
This estimated value is based upon the latest sale price for the house of £360,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£360,000 | 10 Jun 2016 |
£309,500 | 31 Mar 2004 |
Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 2016 the House Price Index for LINCOLNSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £360,000 results in an estimated price of approximately £480,797.
10 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £360,000 | £120,797 | £480,797 |
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 | 14.574 % | £52,464 | £412,464 |
3 Month Average | 32.577 % | £117,277 | £477,277 |
6 Month Average | 46.068 % | £165,844 | £525,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £346,700 | £342,500 | 38 LANGFORD GARDENS |
8 Mar 2023 | £260,454 | £258,000 | 14 RUSHCLIFFE ROAD |
11 Mar 2022 | £373,054 | £360,000 | 127 MANTHORPE ROAD |
4 Feb 2022 | £368,092 | £351,000 | 37 LANGFORD GARDENS |
10 Sep 2021 | £247,846 | £230,000 | 46 LANGFORD GARDENS |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 2 Mar 2016. Using an estimated price of £480,798 means this house is valued at £2,530 per sq meter (£235 per sq foot).
The average size of a house on LANGFORD GARDENS is 145 sq meters (1,570 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Langford Gardens |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Langford Gardens |
Feb 2024 | Public order | Under investigation | On or near Langford Gardens |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Langford Gardens |
Feb 2024 | Other crime | Awaiting court outcome | On or near Langford Gardens |