£307,457
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 28 Jan 2022 |
| £174,000 | 8 Jul 2009 |
| £178,000 | 19 Apr 2007 |
| £99,950 | 31 Aug 2001 |
| 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £290,000 results in an estimated price of approximately £307,457.
| 28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £290,000 | £17,457 | £307,457 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 11.284 % | £32,724 | £322,724 |
| 3 Month Average | 2.886 % | £8,368 | £298,368 |
| 6 Month Average | 3.620 % | £10,497 | £300,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £168,835 | £165,000 | 33 CARRAM WAY |
| 27 Mar 2023 | £271,535 | £267,000 | 36 CARRAM WAY |
| 28 Feb 2022 | £127,831 | £121,000 | 50 CARRAM WAY |
| 28 Jan 2022 | £307,458 | £290,000 | 17 CARRAM WAY |
| 24 Sep 2021 | £151,980 | £140,000 | 8 DORRIGAN CLOSE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 9 Jan 2020. Using an estimated price of £307,458 means this house is valued at £2,383 per sq meter (£221 per sq foot).
The average size of a house on CARRAM WAY is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorrigan Close |
| Oct 2024 | Anti-social behaviour | On or near Benbow Way | |
| Oct 2024 | Public order | Under investigation | On or near Benbow Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |