£250,498
This estimated value is based upon the latest sale price for the house of £208,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Grainsby Close
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Price Paid | Date |
---|---|
£208,000 | 17 Jul 2020 |
£195,000 | 22 Sep 2017 |
£124,500 | 1 Jul 2008 |
£124,500 | 1 Feb 2008 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 July 2020 the House Price Index for LINCOLNSHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £208,000 results in an estimated price of approximately £250,498.
17 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.0 | 20.432 % | £208,000 | £42,498 | £250,498 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | -3.897 % | £-8,106 | £199,893 |
3 Month Average | -0.439 % | £-913 | £207,086 |
6 Month Average | 16.934 % | £35,221 | £243,221 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £384,942 | £380,000 | THE GARDEN LODGE, 1A HAINTON ROAD |
31 Jul 2023 | £95,907 | £95,000 | 17C ROOKERY LANE |
3 Feb 2023 | £169,200 | £170,000 | 54 ROOKERY LANE |
29 Apr 2022 | £57,949 | £56,500 | 17B ROOKERY LANE |
25 Feb 2022 | £266,337 | £255,000 | 1 HYKEHAM ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 12 Jun 2020. Using an estimated price of £250,499 means this house is valued at £2,319 per sq meter (£215 per sq foot).
The average size of a house on ROOKERY LANE is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Grainsby Close | |
Feb 2024 | Anti-social behaviour | On or near Grainsby Close | |
Feb 2024 | Anti-social behaviour | On or near Grainsby Close | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grainsby Close |
Mar 2024 | Anti-social behaviour | On or near Kenilworth Drive |