£340,079
This estimated value is based upon the latest sale price for the house of £89,950 on 30 Jun 2000. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 30 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 June 2000 the House Price Index for LINCOLNSHIRE was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £89,950 results in an estimated price of approximately £340,079.
| 30 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 149.7 | 278.076 % | £89,950 | £250,129 | £340,079 |
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 | 242.297 % | £217,946 | £307,896 |
| 3 Month Average | 272.655 % | £245,253 | £335,203 |
| 6 Month Average | 276.467 % | £248,682 | £338,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £357,064 | £348,000 | 14 RIVERMEAD |
| 23 Jun 2023 | £318,891 | £312,500 | 12 RIVERMEAD CLOSE |
| 3 Mar 2023 | £294,925 | £290,000 | 97 HYKEHAM ROAD |
| 30 Jan 2023 | £324,868 | £324,000 | 9 RIVERMEAD CLOSE |
| 20 Jan 2023 | £260,697 | £260,000 | 145 HYKEHAM ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 17 Sep 2015. Using an estimated price of £340,079 means this house is valued at £2,329 per sq meter (£216 per sq foot).
The average size of a house on RIVERMEAD CLOSE is 132 sq meters (1,429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rivermead Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rivermead Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rivermead |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Rivermead |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rivermead |