£190,251
This estimated value is based upon the latest sale price for the house of £115,000 on 19 Jan 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 19 Jan 2007 |
| £43,300 | 8 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2007 the House Price Index for LINCOLNSHIRE was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £115,000 results in an estimated price of approximately £190,251.
| 19 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £115,000 | £75,251 | £190,251 |
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 | 59.520 % | £68,447 | £183,447 |
| 3 Month Average | 54.750 % | £62,961 | £177,961 |
| 6 Month Average | 49.224 % | £56,608 | £171,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £147,018 | £142,500 | 13 RAILWAY PARK CLOSE |
| 17 Nov 2023 | £153,907 | £150,000 | 31 COULSON ROAD |
| 21 Sep 2023 | £199,396 | £195,000 | 23 BOULTHAM PARK ROAD |
| 31 Aug 2023 | £142,571 | £140,000 | 25 COULSON ROAD |
| 14 Apr 2023 | £214,003 | £210,000 | 61 COULSON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 Oct 2017. Using an estimated price of £190,252 means this house is valued at £3,523 per sq meter (£327 per sq foot).
The average size of a house on RAILWAY PARK CLOSE is 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Railway Park Close | |
| Jun 2024 | Anti-social behaviour | On or near Railway Park Close | |
| Jun 2024 | Anti-social behaviour | On or near Railway Park Close | |
| Jun 2024 | Anti-social behaviour | On or near Railway Park Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Railway Park Mews |