£404,958
This estimated value is based upon the latest sale price for the house of £260,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Highcliffe Road
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| Price Paid | Date |
|---|---|
| £260,000 | 2 May 2014 |
| Detached |
| Freehold |
| Floor Area: 234 sq meters or 2,518 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 May 2014 the House Price Index for LINCOLNSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £260,000 results in an estimated price of approximately £404,958.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £260,000 | £144,958 | £404,958 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 111.546 % | £290,018 | £550,018 |
| 3 Month Average | 67.960 % | £176,697 | £436,697 |
| 6 Month Average | 53.042 % | £137,909 | £397,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £598,387 | £580,000 | 116 MANTHORPE ROAD |
| 31 Oct 2023 | £235,294 | £229,950 | 24 HIGHCLIFFE ROAD |
| 13 Oct 2023 | £544,875 | £532,500 | 146 MANTHORPE ROAD |
| 24 Mar 2023 | £229,838 | £226,000 | 22 HIGHCLIFFE ROAD |
| 31 Mar 2022 | £549,631 | £526,500 | 124 MANTHORPE ROAD |
This house has a floor area of 234 sq meters or 2,518 sq feet when measured on 7 Apr 2018. Using an estimated price of £404,959 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on MANTHORPE ROAD is 145 sq meters (1,566 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Highcliffe Road |
| Aug 2024 | Anti-social behaviour | On or near Highcliffe Road | |
| Aug 2024 | Anti-social behaviour | On or near Highcliffe Road | |
| Jul 2024 | Burglary | Under investigation | On or near Highcliffe Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Redcliffe Road |