£140,051
This estimated value is based upon the latest sale price for the house of £135,000 on 6 Apr 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 6 Apr 2022 |
| £77,000 | 6 Mar 2014 |
| £36,200 | 25 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 April 2022 the House Price Index for LINCOLNSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £135,000 results in an estimated price of approximately £140,051.
| 6 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £135,000 | £5,051 | £140,051 |
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 | 32.531 % | £43,916 | £178,916 |
| 3 Month Average | 9.638 % | £13,011 | £148,011 |
| 6 Month Average | 4.910 % | £6,627 | £141,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £186,621 | £185,000 | 31 GORSE ROAD |
| 15 Dec 2023 | £201,182 | £195,000 | 27 GORSE ROAD |
| 15 Dec 2023 | £98,012 | £95,000 | 8 BELMONT GROVE |
| 8 Dec 2023 | £202,214 | £196,000 | 142 HARROWBY LANE |
| 15 Sep 2023 | £168,719 | £165,000 | 55 UPLANDS DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 10 Jan 2014. Using an estimated price of £140,052 means this house is valued at £2,029 per sq meter (£188 per sq foot).
The average size of a house on UPLANDS DRIVE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Central Place | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Central Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Central Place |
| Jul 2024 | Anti-social behaviour | On or near Central Place | |
| Jul 2024 | Anti-social behaviour | On or near Central Place |