£188,822
This estimated value is based upon the latest sale price for the house of £144,000 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £144,000 | 7 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 December 2016 the House Price Index for LINCOLNSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £144,000 results in an estimated price of approximately £188,822.
| 7 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £144,000 | £44,822 | £188,822 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 42.004 % | £60,485 | £204,485 |
| 3 Month Average | 7.955 % | £11,455 | £155,455 |
| 6 Month Average | 7.510 % | £10,814 | £154,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £163,867 | £161,000 | 31 CARRAL CLOSE |
| 30 Nov 2023 | £210,618 | £207,500 | 11 STRAHANE CLOSE |
| 25 Aug 2023 | £181,589 | £180,000 | 10 SIDLAW GROVE |
| 16 Sep 2022 | £210,798 | £212,500 | 9 HORNER CLOSE |
| 27 Jun 2022 | £207,939 | £205,000 | 17 HORNER CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 28 Oct 2015. Using an estimated price of £188,822 means this house is valued at £2,484 per sq meter (£230 per sq foot).
The average size of a house on CARRAL CLOSE is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carral Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Carral Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Sidlaw Grove |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sidlaw Grove |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sidlaw Grove |