£274,339
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 14 Dec 2020 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 December 2020 the House Price Index for LINCOLNSHIRE was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £240,000 results in an estimated price of approximately £274,339.
14 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £240,000 | £34,339 | £274,339 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -28.436 % | £-68,245 | £171,754 |
3 Month Average | 12.390 % | £29,735 | £269,735 |
6 Month Average | 5.529 % | £13,270 | £253,270 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £150,431 | £148,500 | 15 GRIMSBY ROAD |
30 Mar 2023 | £392,120 | £390,000 | 17 DAISY WAY |
15 Oct 2021 | £498,660 | £452,500 | 54 ST MARYS PARK |
9 Jul 2021 | £119,041 | £104,000 | 32 BEE ORCHID WAY |
8 Jan 2021 | £215,975 | £190,000 | 89 DAISY WAY |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 8 Dec 2020. Using an estimated price of £274,339 means this house is valued at £2,493 per sq meter (£231 per sq foot).
The average size of a house on BUTTERCUP LANE is 160 sq meters (1,725 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Daisy Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Daisy Way |
Mar 2024 | Anti-social behaviour | On or near Howard Fields Way | |
Mar 2024 | Anti-social behaviour | On or near Howard Fields Way | |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Rise |