£328,041
This estimated value is based upon the latest sale price for the house of £267,500 on 24 Oct 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £267,500 | 24 Oct 2019 |
| £208,000 | 13 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £267,500 results in an estimated price of approximately £328,041.
| 24 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £267,500 | £60,541 | £328,041 |
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 | 23.647 % | £63,254 | £330,754 |
| 3 Month Average | 16.424 % | £43,933 | £311,433 |
| 6 Month Average | 16.594 % | £44,390 | £311,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £129,771 | £127,500 | 22 RHODES AVENUE |
| 1 Aug 2023 | £141,236 | £140,000 | 7 RHODES AVENUE |
| 17 Feb 2023 | £112,924 | £113,000 | 24 RHODES AVENUE |
| 6 Feb 2023 | £284,808 | £285,000 | 32 HERVEY ROAD |
| 9 Jan 2023 | £167,212 | £168,000 | 118 GRANTHAM ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 6 Mar 2019. Using an estimated price of £328,041 means this house is valued at £2,485 per sq meter (£230 per sq foot).
The average size of a house on GRANTHAM ROAD is 126 sq meters (1,362 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Charlotte Street | |
| Mar 2024 | Anti-social behaviour | On or near Charlotte Street | |
| Feb 2024 | Drugs | Under investigation | On or near Charlotte Street |
| Jan 2024 | Anti-social behaviour | On or near Charlotte Street | |
| Jan 2024 | Anti-social behaviour | On or near Charlotte Street |