£437,268
This estimated value is based upon the latest sale price for the house of £425,000 on 27 Jul 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£425,000 | 27 Jul 2023 |
£250,000 | 2 Jul 2015 |
Detached |
Freehold |
Floor Area: 138 sq meters or 1,485 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 July 2023 the House Price Index for LINCOLNSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £425,000 results in an estimated price of approximately £437,268.
27 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £425,000 | £12,268 | £437,268 |
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 | 17.725 % | £75,331 | £500,331 |
3 Month Average | -0.453 % | £-1,923 | £423,076 |
6 Month Average | -1.359 % | £-5,777 | £419,222 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £194,186 | £192,500 | 55 GRANGE CRESCENT |
27 Oct 2023 | £315,158 | £308,000 | 119 GRANGE CRESCENT |
27 Mar 2023 | £294,925 | £290,000 | 121 GRANGE CRESCENT |
6 Feb 2023 | £223,996 | £222,500 | 127 GRANGE CRESCENT |
11 Oct 2022 | £289,035 | £290,000 | 50 WINDERMERE AVENUE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 4 Mar 2015.
The average size of a house on GRANGE CRESCENT is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Wilkinson Lane |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkinson Lane |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilkinson Lane |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilkinson Lane |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Scarle Close |