£396,851
This estimated value is based upon the latest sale price for the house of £233,000 on 26 Feb 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£233,000 | 26 Feb 2010 |
£212,000 | 14 Sep 2004 |
£193,000 | 30 Jan 2004 |
£89,950 | 25 Aug 1999 |
Detached |
Freehold |
Floor Area: 185 sq meters or 2,000 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 February 2010 the House Price Index for LINCOLNSHIRE was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £233,000 results in an estimated price of approximately £396,851.
26 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 148.6 | 70.322 % | £233,000 | £163,851 | £396,851 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 48.238 % | £112,394 | £345,394 |
3 Month Average | 49.552 % | £115,455 | £348,455 |
6 Month Average | 51.689 % | £120,434 | £353,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £172,202 | £170,000 | 10 LORD STREET |
15 Sep 2023 | £299,834 | £296,000 | 56 GRANTHAM ROAD |
21 Apr 2022 | £247,152 | £240,000 | 48 GRANTHAM ROAD |
4 Feb 2022 | £461,426 | £440,000 | 15 VICTORIA AVENUE |
4 Feb 2022 | £325,095 | £310,000 | 69 GRANTHAM ROAD |
This house has a floor area of 185 sq meters or 2,000 sq feet when measured on 4 Sep 2009. Using an estimated price of £396,851 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on GRANTHAM ROAD is 126 sq meters (1,362 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Lord Street |
Feb 2024 | Drugs | Under investigation | On or near Buttler Way |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rhodes Avenue |
Jan 2024 | Anti-social behaviour | On or near Rhodes Avenue | |
Jan 2024 | Anti-social behaviour | On or near Rhodes Avenue |