£485,862
This estimated value is based upon the latest sale price for the house of £285,000 on 19 Nov 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 19 Nov 2012 |
| £300,000 | 30 May 2008 |
| £210,000 | 12 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 November 2012 the House Price Index for LINCOLNSHIRE was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £285,000 results in an estimated price of approximately £485,862.
| 19 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £285,000 | £200,862 | £485,862 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 29.830 % | £85,016 | £370,016 |
| 3 Month Average | 48.305 % | £137,670 | £422,670 |
| 6 Month Average | 58.477 % | £166,660 | £451,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £443,632 | £430,000 | 2 GERALDS CLOSE |
| 25 Aug 2023 | £350,318 | £344,000 | 17 EGERTON ROAD |
| 20 Jun 2023 | £306,135 | £300,000 | 14 EGERTON ROAD |
| 14 Feb 2023 | £1,252,813 | £1,244,444 | 145 WRAGBY ROAD |
| 13 Oct 2022 | £333,885 | £335,000 | 11 ANCASTER AVENUE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 14 Oct 2021. Using an estimated price of £485,863 means this house is valued at £3,075 per sq meter (£285 per sq foot).
The average size of a house on GERALDS CLOSE is 220 sq meters (2,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Queensway |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Egerton Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Egerton Road |
| Sep 2024 | Anti-social behaviour | On or near Ancaster Avenue | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Ancaster Avenue |