£265,554
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Oct 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 13 Oct 2021 |
| £96,000 | 28 Aug 2002 |
| £57,000 | 26 May 2000 |
| £61,950 | 31 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2021 the House Price Index for LINCOLNSHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £240,000 results in an estimated price of approximately £265,554.
| 13 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £240,000 | £25,554 | £265,554 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | -2.215 % | £-5,315 | £234,684 |
| 3 Month Average | 0.739 % | £1,773 | £241,773 |
| 6 Month Average | -6.470 % | £-15,527 | £224,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £193,384 | £190,000 | 20 ASH CLOSE |
| 3 Nov 2023 | £274,007 | £269,950 | 9 SYCAMORE CRESCENT |
| 20 Sep 2022 | £241,053 | £243,000 | 15 SYCAMORE CRESCENT |
| 9 Sep 2022 | £218,238 | £220,000 | 9 LIME TREE CLOSE |
| 15 Aug 2022 | £309,168 | £310,000 | 41 SYCAMORE CRESCENT |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 May 2021. Using an estimated price of £265,555 means this house is valued at £2,795 per sq meter (£259 per sq foot).
The average size of a house on LIME TREE CLOSE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Shearwater Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Plover Grove |