£130,486
This estimated value is based upon the latest sale price for the house of £75,000 on 31 May 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 31 May 2011 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £75,000 results in an estimated price of approximately £130,486.
| 31 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £75,000 | £55,486 | £130,486 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 93.775 % | £70,331 | £145,331 |
| 3 Month Average | 92.663 % | £69,496 | £144,496 |
| 6 Month Average | 77.315 % | £57,986 | £132,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £121,051 | £120,000 | 79 CHELMSFORD DRIVE |
| 11 Mar 2024 | £139,138 | £137,000 | 14 BECKETTS CLOSE |
| 29 Sep 2023 | £250,523 | £245,000 | 25 CHELMSFORD DRIVE |
| 15 Sep 2023 | £201,441 | £197,000 | 31 COLES WAY |
| 3 Mar 2023 | £233,906 | £230,000 | 35 COLES WAY |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 7 Sep 2020. Using an estimated price of £130,487 means this house is valued at £2,558 per sq meter (£237 per sq foot).
The average size of a house on BECKETTS CLOSE is 54 sq meters (587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Beckets Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beckets Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coles Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coles Way |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coles Way |