£387,332
This estimated value is based upon the latest sale price for the house of £377,500 on 29 Nov 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £377,500 | 29 Nov 2023 |
| £345,000 | 21 Jun 2019 |
| £98,750 | 26 Oct 1998 |
| £32,000 | 23 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2023 the House Price Index for LINCOLNSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £377,500 results in an estimated price of approximately £387,332.
| 29 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £377,500 | £9,832 | £387,332 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | -52.833 % | £-199,444 | £178,055 |
| 3 Month Average | -21.545 % | £-81,332 | £296,167 |
| 6 Month Average | -14.789 % | £-55,826 | £321,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £314,837 | £310,000 | 9 ALBANY ROAD |
| 19 Dec 2023 | £149,597 | £145,000 | 17 OAKLANDS |
| 29 Nov 2023 | £387,332 | £377,500 | 16 ALBANY ROAD |
| 20 Oct 2023 | £152,974 | £149,500 | 12 OAKLANDS |
| 30 Aug 2023 | £162,939 | £160,000 | 2 OAKLANDS |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 3 Apr 2019. Using an estimated price of £387,332 means this house is valued at £3,002 per sq meter (£278 per sq foot).
The average size of a house on ALBANY ROAD is 97 sq meters (1,049 sq feet).
This house is the largest in the street with a floor area of 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Albany Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bennetts Mill Close |
| Jun 2024 | Anti-social behaviour | On or near Bennetts Mill Close | |
| Jun 2024 | Anti-social behaviour | On or near Bennetts Mill Close | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bennetts Mill Close |