£235,822
This estimated value is based upon the latest sale price for the house of £165,000 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 21 Aug 2015 |
| £155,000 | 30 Jun 2006 |
| £136,000 | 16 Jul 2004 |
| £136,000 | 16 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2015 the House Price Index for LINCOLNSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £165,000 results in an estimated price of approximately £235,822.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £165,000 | £70,822 | £235,822 |
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 | 12.176 % | £20,089 | £185,089 |
| 3 Month Average | 34.634 % | £57,145 | £222,145 |
| 6 Month Average | 42.075 % | £69,424 | £234,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £185,243 | £182,500 | 11 BRIDGE END GROVE |
| 16 Feb 2023 | £196,863 | £196,995 | 9 BRIDGE END GROVE |
| 13 Jan 2023 | £308,547 | £310,000 | 182 BRIDGE END ROAD |
| 28 Oct 2022 | £277,017 | £280,000 | 37A BRIDGE END GROVE |
| 3 Oct 2022 | £178,083 | £180,000 | 2 PRIMROSE WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Jun 2014. Using an estimated price of £235,823 means this house is valued at £2,742 per sq meter (£254 per sq foot).
The average size of a house on PRIMROSE WAY is 129 sq meters (1,389 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Somerby Grove | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Somerby Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pasture Close |
| Mar 2024 | Anti-social behaviour | On or near Hillside Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Oakhurst Close |