£219,846
This estimated value is based upon the latest sale price for the house of £215,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 22 Sep 2023 |
| £129,950 | 23 Jan 2004 |
| £129,950 | 23 Jan 2004 |
| £129,950 | 23 Jan 2004 |
| £129,950 | 23 Jan 2004 |
| £129,950 | 23 Jan 2004 |
| £37,000 | 30 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 September 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £215,000 results in an estimated price of approximately £219,846.
| 22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £215,000 | £4,846 | £219,846 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -1.418 % | £-3,048 | £211,951 |
| 3 Month Average | -4.989 % | £-10,725 | £204,274 |
| 6 Month Average | 1.734 % | £3,727 | £218,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £233,425 | £227,500 | 10 MAY CRESCENT |
| 22 Sep 2023 | £219,846 | £215,000 | 12 MAY CRESCENT |
| 15 Sep 2023 | £281,199 | £275,000 | 90 YARBOROUGH ROAD |
| 17 Mar 2023 | £391,539 | £385,000 | 102 YARBOROUGH ROAD |
| 22 Feb 2023 | £201,345 | £200,000 | 2 COLENSO TERRACE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Dec 2018. Using an estimated price of £219,846 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on MAY CRESCENT is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near May Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Crescent |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Yarborough Road |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Yarborough Road |
| Oct 2024 | Burglary | Under investigation | On or near Richmond Road |