£153,266
This estimated value is based upon the latest sale price for the house of £137,500 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 22 Oct 2021 |
| £109,000 | 7 Mar 2007 |
| £76,000 | 5 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 October 2021 the House Price Index for LINCOLNSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £137,500 results in an estimated price of approximately £153,266.
| 22 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £137,500 | £15,766 | £153,266 |
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 | 20.785 % | £28,578 | £166,078 |
| 3 Month Average | 6.442 % | £8,857 | £146,357 |
| 6 Month Average | -5.154 % | £-7,086 | £130,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £196,012 | £193,000 | 22 DURHAM AVENUE |
| 13 Nov 2023 | £179,558 | £175,000 | 30 WINCHESTER WAY |
| 23 Jun 2023 | £262,766 | £257,500 | 3 DURHAM AVENUE |
| 28 Mar 2023 | £147,463 | £145,000 | 4 CANTERBURY DRIVE |
| 28 Nov 2022 | £213,999 | £215,000 | 24 DURHAM AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Jan 2019. Using an estimated price of £153,267 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on TRURO CLOSE is 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Truro Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Way |
| Sep 2024 | Other crime | Under investigation | On or near Norwich Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norwich Close |