£465,992
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Aug 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 17 Aug 2016 |
| £350,000 | 2 Aug 2013 |
| £333,000 | 7 Dec 2005 |
| £300,000 | 30 Sep 2004 |
| £100,000 | 14 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 269 sq meters or 2,895 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £350,000 results in an estimated price of approximately £465,992.
| 17 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £350,000 | £115,992 | £465,992 |
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 | 18.114 % | £63,399 | £413,399 |
| 3 Month Average | 22.123 % | £77,431 | £427,431 |
| 6 Month Average | 29.598 % | £103,593 | £453,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 May 2022 | £214,033 | £210,000 | 7 WITTERING CLOSE |
| 27 May 2022 | £502,977 | £493,500 | 9 TOP LODGE CLOSE |
| 18 May 2022 | £433,162 | £425,000 | 17 SWAYTHLING CLOSE |
| 16 May 2022 | £1,375,926 | £1,350,000 | UNIT 3 PYKE ROAD |
| 21 Apr 2022 | £242,003 | £235,000 | 3 WITTERING CLOSE |
This house has a floor area of 269 sq meters or 2,895 sq feet when measured on 10 Feb 2013. Using an estimated price of £465,993 means this house is valued at £1,732 per sq meter (£160 per sq foot).
The average size of a house on TOP LODGE CLOSE is 226 sq meters (2,442 sq feet).
This house is the largest in the street with a floor area of 269 sq meters (2,895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Top Lodge Close | |
| Jan 2024 | Anti-social behaviour | On or near Top Lodge Close | |
| Jan 2024 | Anti-social behaviour | On or near Top Lodge Close | |
| Jan 2024 | Anti-social behaviour | On or near Top Lodge Close | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pyke Road |