£263,781
This estimated value is based upon the latest sale price for the house of £155,500 on 18 Feb 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,500 | 18 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 913 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 February 2010 the House Price Index for LINCOLNSHIRE was 87.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.635%.Applying this 69.635% change to the original purchase price of £155,500 results in an estimated price of approximately £263,781.
| 18 Feb 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.0 | 69.635 % | £155,500 | £108,281 | £263,781 |
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 | 49.101 % | £76,352 | £231,852 |
| 3 Month Average | 53.395 % | £83,029 | £238,529 |
| 6 Month Average | 58.972 % | £91,701 | £247,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £186,512 | £185,000 | 14 ALDERGROVE CLOSE |
| 15 Feb 2023 | £184,129 | £185,000 | 25 MELBOURNE ROAD |
| 30 Jan 2023 | £284,997 | £287,500 | 43 CAISTOR ROAD |
| 26 Aug 2022 | £189,718 | £191,000 | 27 MELBOURNE ROAD |
| 17 Aug 2022 | £236,403 | £238,000 | 24 MELBOURNE ROAD |
This house has a floor area of 84 sq meters or 913 sq feet when measured on 31 Jul 2009. Using an estimated price of £263,782 means this house is valued at £3,109 per sq meter (£288 per sq foot).
The average size of a house on CAISTOR ROAD is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Caistor Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Melbourne Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Claires Court |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near St Claires Court |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near St Claires Court |