£179,054
This estimated value is based upon the latest sale price for the house of £177,500 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £177,500 | 5 Apr 2024 |
| £146,000 | 14 Oct 2016 |
| £135,000 | 31 Jul 2015 |
| £100,000 | 22 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2024 the House Price Index for LINCOLNSHIRE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £177,500 results in an estimated price of approximately £179,054.
| 5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £177,500 | £1,554 | £179,054 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | -9.654 % | £-17,136 | £160,363 |
| 3 Month Average | -4.514 % | £-8,012 | £169,487 |
| 6 Month Average | -0.734 % | £-1,303 | £176,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £179,055 | £177,500 | 14 SOUTHFIELDS |
| 20 Oct 2023 | £158,602 | £155,000 | 5 BRIAR CLOSE |
| 23 Jun 2023 | £232,152 | £227,500 | 5 OAK ROAD |
| 19 Jun 2023 | £188,783 | £185,000 | 7 ALDER ROAD |
| 7 Sep 2022 | £219,853 | £220,000 | 25 SOUTHFIELDS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Sep 2015. Using an estimated price of £179,055 means this house is valued at £2,557 per sq meter (£237 per sq foot).
The average size of a house on SOUTHFIELDS is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Bridle Close |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Larch Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Berry Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hawthorn Drive |