£464,714
This estimated value is based upon the latest sale price for the house of £383,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £383,000 | 13 Mar 2020 |
| £295,000 | 17 Jul 2015 |
| £290,000 | 22 Aug 2008 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £383,000 results in an estimated price of approximately £464,714.
| 13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £383,000 | £81,714 | £464,714 |
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 | 30.247 % | £115,844 | £498,844 |
| 3 Month Average | 22.841 % | £87,481 | £470,481 |
| 6 Month Average | 13.384 % | £51,262 | £434,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £96,000 | £96,000 | FLAT 14 FERGUSON HOUSE STONES LANE |
| 15 Nov 2023 | £184,688 | £180,000 | 6 SAMPSON CLOSE |
| 17 Jun 2022 | £105,250 | £103,000 | FLAT 5 FERGUSON HOUSE STONES LANE |
| 9 Mar 2022 | £579,383 | £555,000 | STONES PLACE LODGE SKELLINGTHORPE ROAD |
| 14 Jan 2022 | £339,263 | £320,000 | 19 BURGHLEY ROAD |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 24 Mar 2015. Using an estimated price of £464,714 means this house is valued at £2,420 per sq meter (£224 per sq foot).
The average size of a house on BURGHLEY ROAD is 128 sq meters (1,378 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shearwater Close |