£338,668
This estimated value is based upon the latest sale price for the house of £197,500 on 4 Jul 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,500 | 4 Jul 2012 |
| £195,000 | 31 May 2007 |
| £148,500 | 4 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,189 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 July 2012 the House Price Index for LINCOLNSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £197,500 results in an estimated price of approximately £338,668.
| 4 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £197,500 | £141,168 | £338,668 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 131.851 % | £260,406 | £457,906 |
| 3 Month Average | 70.411 % | £139,061 | £336,561 |
| 6 Month Average | 72.335 % | £142,862 | £340,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £187,253 | £182,500 | 7 JOHN BROWN CLOSE |
| 9 Oct 2023 | £219,997 | £215,000 | 14 JOHN BROWN CLOSE |
| 9 Oct 2023 | £173,951 | £170,000 | 40 LINCOLN ROAD |
| 22 Sep 2023 | £235,184 | £230,000 | THE LAURELS LINCOLN ROAD |
| 9 Mar 2023 | £132,208 | £130,000 | 36 LINCOLN ROAD |
This house has a floor area of 110 sq meters or 1,189 sq feet when measured on 2 Feb 2011. Using an estimated price of £338,669 means this house is valued at £3,064 per sq meter (£284 per sq foot).
The average size of a house on JOHN BROWN CLOSE is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Brown Close |
| Oct 2024 | Possession of weapons | Under investigation | On or near Petrol Station |
| Oct 2024 | Drugs | Under investigation | On or near Petrol Station |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other crime | Under investigation | On or near Osborne Way |