£294,454
This estimated value is based upon the latest sale price for the house of £262,000 on 9 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £262,000 | 9 Aug 2021 |
| £147,000 | 2 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £262,000 results in an estimated price of approximately £294,454.
| 9 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £262,000 | £32,454 | £294,454 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 20.426 % | £53,515 | £315,515 |
| 3 Month Average | 3.402 % | £8,912 | £270,912 |
| 6 Month Average | -0.134 % | £-349 | £261,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £177,000 | £177,000 | 16 REMIGIUS GROVE |
| 3 May 2024 | £318,000 | £318,000 | 21 MONTAIGNE CRESCENT |
| 27 Nov 2023 | £113,378 | £110,500 | 305 WRAGBY ROAD |
| 30 Oct 2023 | £166,276 | £162,500 | 66 GOLDSMITH WALK |
| 9 Feb 2023 | £337,253 | £335,000 | 18 LANEY CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 May 2015. Using an estimated price of £294,455 means this house is valued at £4,394 per sq meter (£408 per sq foot).
The average size of a house on GYNEWELL GROVE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Remigius Grove | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Remigius Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Remigius Grove |
| Aug 2024 | Anti-social behaviour | On or near Remigius Grove | |
| Aug 2024 | Anti-social behaviour | On or near Remigius Grove |