£240,386
This estimated value is based upon the latest sale price for the house of £150,500 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£150,500 | 24 Jan 2014 |
£159,950 | 7 May 2004 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,129 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 January 2014 the House Price Index for LINCOLNSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £150,500 results in an estimated price of approximately £240,386.
24 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £150,500 | £89,886 | £240,386 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -0.332 % | £-499 | £150,000 |
3 Month Average | 25.169 % | £37,878 | £188,378 |
6 Month Average | 34.491 % | £51,908 | £202,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £273,392 | £271,000 | 16 SOMME CLOSE |
15 Jun 2023 | £119,953 | £118,500 | 17 BLENHEIM SQUARE |
23 Mar 2023 | £176,664 | £175,000 | 8 ARNHEM CLOSE |
16 Nov 2022 | £227,247 | £230,000 | 9 AISNE CLOSE |
24 Mar 2022 | £186,527 | £180,000 | 5 SOMME CLOSE |
This house has a floor area of 104 sq meters or 1,129 sq feet when measured on 10 Oct 2008. Using an estimated price of £240,387 means this house is valued at £2,291 per sq meter (£212 per sq foot).
The average size of a house on ARNHEM CLOSE is 77 sq meters (838 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,129 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Aisne Close |
Mar 2024 | Burglary | Unable to prosecute suspect | On or near Breedon Drive |
Mar 2024 | Anti-social behaviour | On or near Breedon Drive | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Breedon Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Breedon Drive |