£401,857
This estimated value is based upon the latest sale price for the house of £335,000 on 4 Mar 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 4 Mar 2020 |
| £285,000 | 17 Oct 2008 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 March 2020 the House Price Index for LINCOLNSHIRE was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £335,000 results in an estimated price of approximately £401,857.
| 4 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £335,000 | £66,857 | £401,857 |
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 | 20.943 % | £70,160 | £405,160 |
| 3 Month Average | 17.166 % | £57,505 | £392,505 |
| 6 Month Average | 14.942 % | £50,054 | £385,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £201,224 | £200,000 | 7 LANDMERE GROVE |
| 20 Jan 2023 | £327,127 | £330,000 | 487 SKELLINGTHORPE ROAD |
| 4 Jan 2023 | £344,474 | £347,500 | 453 SKELLINGTHORPE ROAD |
| 12 Jul 2022 | £249,663 | £250,000 | 493 SKELLINGTHORPE ROAD |
| 10 Jun 2022 | £292,969 | £290,000 | 461 SKELLINGTHORPE ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 8 Sep 2017. Using an estimated price of £401,857 means this house is valued at £2,661 per sq meter (£247 per sq foot).
The average size of a house on GROSVENOR AVENUE is 153 sq meters (1,649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roxborough Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Chelsea Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelsea Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chelsea Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rochester Drive |