£156,013
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£120,000 | 17 Feb 2017 |
£115,000 | 28 Oct 2005 |
£94,000 | 17 Dec 2004 |
£73,500 | 21 Nov 2003 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2017 the House Price Index for LINCOLNSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £120,000 results in an estimated price of approximately £156,013.
17 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £120,000 | £36,013 | £156,013 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 32.088 % | £38,505 | £158,505 |
3 Month Average | 35.962 % | £43,153 | £163,153 |
6 Month Average | 40.277 % | £48,332 | £168,332 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £938,900 | £925,000 | THE BARRACKS SANDON ROAD |
25 Sep 2023 | £202,590 | £200,000 | 1 THE STABLES 28 BEACON LANE |
19 Jun 2023 | £480,824 | £475,000 | 2 GARDEN CLOSE |
14 Mar 2023 | £580,469 | £575,000 | 17 GARDEN CLOSE |
10 Nov 2022 | £124,492 | £126,000 | 18 BARRACK SQUARE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Sep 2016. Using an estimated price of £156,013 means this house is valued at £2,294 per sq meter (£213 per sq foot).
The average size of a house on BARRACK SQUARE is 58 sq meters (626 sq feet).
This house is the largest in the street with a floor area of 68 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Garden Close | |
Mar 2024 | Anti-social behaviour | On or near Kintore Drive | |
Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Kintore Drive |
Feb 2024 | Shoplifting | Under investigation | On or near Kintore Drive |
Feb 2024 | Anti-social behaviour | On or near Kintore Drive |