£339,981
This estimated value is based upon the latest sale price for the house of £315,000 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 14 Dec 2021 |
| £220,000 | 11 Dec 2018 |
| £190,000 | 27 Sep 2013 |
| £124,995 | 30 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 December 2021 the House Price Index for LINCOLNSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £315,000 results in an estimated price of approximately £339,981.
| 14 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £315,000 | £24,981 | £339,981 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 24.487 % | £77,133 | £392,133 |
| 3 Month Average | 15.267 % | £48,091 | £363,091 |
| 6 Month Average | 8.423 % | £26,532 | £341,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £242,450 | £235,000 | 55 SHELDRAKE ROAD |
| 14 Dec 2021 | £339,982 | £315,000 | 11 SHELDRAKE ROAD |
| 12 Nov 2021 | £392,173 | £359,950 | 9 SHELDRAKE ROAD |
| 2 Jul 2021 | £208,341 | £179,950 | 25 SHELDRAKE ROAD |
| 8 Jan 2021 | £275,945 | £240,000 | 6 VICTORY WAY |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 27 Apr 2013. Using an estimated price of £339,982 means this house is valued at £3,207 per sq meter (£297 per sq foot).
The average size of a house on SHELDRAKE ROAD is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Endeavour Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Endeavour Court |
| Oct 2024 | Burglary | Under investigation | On or near Ark Royal Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ark Royal Court |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wren Close |