£346,118
This estimated value is based upon the latest sale price for the house of £280,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 24 May 2019 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 May 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £280,000 results in an estimated price of approximately £346,118.
| 24 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £280,000 | £66,118 | £346,118 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 0.275 % | £768 | £280,768 |
| 3 Month Average | -4.350 % | £-12,180 | £267,819 |
| 6 Month Average | 6.460 % | £18,087 | £298,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £211,853 | £210,000 | 15 ALBION CLOSE |
| 7 Feb 2023 | £199,866 | £200,000 | 16 OAKLEIGH TERRACE |
| 9 May 2022 | £253,782 | £249,000 | 1 OAKLEIGH TERRACE |
| 3 May 2022 | £433,162 | £425,000 | 131 LONG LEYS ROAD |
| 28 Feb 2022 | £126,892 | £121,000 | 50 CARRAM WAY |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 20 Oct 2017. Using an estimated price of £346,119 means this house is valued at £2,149 per sq meter (£199 per sq foot).
The average size of a house on LONG LEYS ROAD is 140 sq meters (1,512 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Granely Close |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Granely Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tapin Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tapin Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tapin Close |