£348,570
This estimated value is based upon the latest sale price for the house of £289,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£289,000 | 5 Jun 2020 |
£215,000 | 16 Jun 2016 |
£150,000 | 28 Apr 2005 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 June 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £289,000 results in an estimated price of approximately £348,570.
5 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.0 | 20.613 % | £289,000 | £59,570 | £348,570 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | -31.164 % | £-90,063 | £198,936 |
3 Month Average | -5.867 % | £-16,954 | £272,045 |
6 Month Average | 15.044 % | £43,477 | £332,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £247,505 | £246,000 | 68 LANGTON HILL |
31 Jul 2023 | £232,196 | £230,000 | 2 OSBORNE WAY |
26 Jul 2023 | £393,724 | £390,000 | 11 LANGTON HILL |
15 Jun 2023 | £408,311 | £405,000 | 27 LANGTON HILL |
15 Jun 2023 | £410,831 | £407,500 | 4 GRANARY WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 27 Jan 2020. Using an estimated price of £348,570 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on LANGTON HILL is 135 sq meters (1,458 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Station Lane | |
Mar 2024 | Anti-social behaviour | On or near Station Lane | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Lane |
Apr 2024 | Public order | Under investigation | On or near Curtis Close |
Feb 2024 | Other theft | Under investigation | On or near Curtis Close |