£279,400
This estimated value is based upon the latest sale price for the house of £220,000 on 6 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 6 Nov 2017 |
| £184,000 | 2 Oct 2006 |
| £99,950 | 26 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 November 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £220,000 results in an estimated price of approximately £279,400.
| 6 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £220,000 | £59,400 | £279,400 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 24.436 % | £53,759 | £273,759 |
| 3 Month Average | 10.375 % | £22,824 | £242,824 |
| 6 Month Average | 16.171 % | £35,576 | £255,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £388,831 | £380,000 | 3 FALDINGWORTH CLOSE |
| 23 Oct 2023 | £258,368 | £252,500 | 6 MELBOURNE ROAD |
| 9 Jun 2023 | £188,783 | £185,000 | 14 ALDERGROVE CLOSE |
| 15 Feb 2023 | £186,244 | £185,000 | 25 MELBOURNE ROAD |
| 30 Jan 2023 | £288,270 | £287,500 | 43 CAISTOR ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 21 Jun 2017. Using an estimated price of £279,400 means this house is valued at £2,563 per sq meter (£238 per sq foot).
The average size of a house on CAISTOR ROAD is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Binbrook Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Claires Court |
| Jul 2024 | Anti-social behaviour | On or near St Claires Court | |
| Jul 2024 | Anti-social behaviour | On or near St Claires Court | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Claires Court |