£132,787
This estimated value is based upon the latest sale price for the house of £115,000 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 10 Nov 2020 |
| £106,000 | 2 Mar 2018 |
| £86,000 | 8 Oct 2004 |
| £44,950 | 30 Apr 2002 |
| £41,000 | 7 Dec 2001 |
| £32,000 | 30 Apr 1998 |
| £27,995 | 26 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £115,000 results in an estimated price of approximately £132,787.
| 10 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £115,000 | £17,787 | £132,787 |
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 | 5.939 % | £6,829 | £121,829 |
| 3 Month Average | 4.600 % | £5,289 | £120,289 |
| 6 Month Average | 8.097 % | £9,311 | £124,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £113,000 | £113,000 | 16 LOCKING CLOSE |
| 3 Jul 2023 | £333,151 | £330,000 | 74 BENSON CRESCENT |
| 29 Mar 2023 | £130,707 | £130,000 | 26 LOCKING CLOSE |
| 14 Mar 2023 | £261,413 | £260,000 | 36 ABINGDON AVENUE |
| 31 Mar 2022 | £129,010 | £125,000 | UNIT 10 SADLER COURT |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 16 Jan 2018. Using an estimated price of £132,787 means this house is valued at £2,950 per sq meter (£274 per sq foot).
The average size of a house on LOCKING CLOSE is 58 sq meters (625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Locking Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Locking Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottesmore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottesmore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottesmore Road |