£331,975
This estimated value is based upon the latest sale price for the house of £320,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 8 Apr 2022 |
| £182,500 | 15 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2022 the House Price Index for LINCOLNSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £320,000 results in an estimated price of approximately £331,975.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £320,000 | £11,975 | £331,975 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | -51.514 % | £-164,844 | £155,155 |
| 3 Month Average | 53.838 % | £172,282 | £492,282 |
| 6 Month Average | 9.994 % | £31,979 | £351,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2022 | £507,626 | £510,000 | 6 GORSE CLOSE |
| 27 Apr 2022 | £466,840 | £450,000 | 2 HEATHER CLOSE |
| 8 Apr 2022 | £331,975 | £320,000 | 11 HEATHER CLOSE |
| 1 Apr 2022 | £234,457 | £226,000 | 104 TOR O MOOR ROAD |
| 1 Apr 2022 | £290,478 | £280,000 | 100 TOR O MOOR ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 22 Sep 2020. Using an estimated price of £331,975 means this house is valued at £3,688 per sq meter (£342 per sq foot).
The average size of a house on HEATHER CLOSE is 138 sq meters (1,487 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Sterling Place |
| Jul 2024 | Anti-social behaviour | On or near Sterling Place | |
| Jul 2024 | Anti-social behaviour | On or near Sterling Place | |
| Jul 2024 | Anti-social behaviour | On or near Sterling Place | |
| Jun 2024 | Anti-social behaviour | On or near The Broadway |