£217,571
This estimated value is based upon the latest sale price for the house of £153,500 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £153,500 | 30 Oct 2015 |
| £102,500 | 14 Aug 2008 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 October 2015 the House Price Index for LINCOLNSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £153,500 results in an estimated price of approximately £217,571.
| 30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £153,500 | £64,071 | £217,571 |
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 | 25.454 % | £39,071 | £192,571 |
| 3 Month Average | 20.321 % | £31,192 | £184,692 |
| 6 Month Average | 26.273 % | £40,328 | £193,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2023 | £201,345 | £200,000 | 16 OAKLEIGH TERRACE |
| 9 May 2022 | £255,660 | £249,000 | 1 OAKLEIGH TERRACE |
| 3 May 2022 | £436,368 | £425,000 | 131 LONG LEYS ROAD |
| 30 Nov 2021 | £430,360 | £395,000 | 26 OAKLEIGH DRIVE |
| 29 Nov 2021 | £408,570 | £375,000 | 30 ALBION CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 1 Sep 2020. Using an estimated price of £217,571 means this house is valued at £2,266 per sq meter (£210 per sq foot).
The average size of a house on OAKLEIGH TERRACE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Garden Court |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garden Court |
| Sep 2024 | Anti-social behaviour | On or near Garden Court | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Garden Court |
| Sep 2024 | Anti-social behaviour | On or near Oakleigh Drive |