£144,283
This estimated value is based upon the latest sale price for the house of £117,250 on 1 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£117,250 | 1 Aug 2019 |
£112,500 | 1 Jun 2017 |
£59,950 | 17 Jun 2002 |
£45,000 | 16 Oct 2000 |
£27,000 | 31 Oct 1997 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 August 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £117,250 results in an estimated price of approximately £144,283.
1 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £117,250 | £27,033 | £144,283 |
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 | 9.180 % | £10,763 | £128,013 |
3 Month Average | 14.719 % | £17,257 | £134,507 |
6 Month Average | 15.047 % | £17,643 | £134,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £179,950 | £179,950 | 53 FINCH DRIVE |
16 Nov 2023 | £253,757 | £250,000 | 51A ELECTRIC STATION ROAD |
4 Aug 2023 | £180,580 | £179,000 | 2 ELECTRIC STATION ROAD |
14 Mar 2023 | £292,758 | £290,000 | 6 CARLTON CLOSE |
17 Aug 2022 | £199,413 | £199,950 | 2A ELECTRIC STATION ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Sep 2013. Using an estimated price of £144,284 means this house is valued at £1,738 per sq meter (£161 per sq foot).
The average size of a house on ALEXANDRA ROAD is 111 sq meters (1,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Somerton Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stamford Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bourne Close |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Welbourn Close |