£284,825
This estimated value is based upon the latest sale price for the house of £166,000 on 22 Sep 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £166,000 | 22 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 September 2006 the House Price Index for LINCOLNSHIRE was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £166,000 results in an estimated price of approximately £284,825.
| 22 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £166,000 | £118,825 | £284,825 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 52.883 % | £87,786 | £253,786 |
| 3 Month Average | 55.394 % | £91,953 | £257,953 |
| 6 Month Average | 53.124 % | £88,185 | £254,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £230,072 | £225,000 | 32 KIRKSTALL CLOSE |
| 30 Aug 2023 | £227,096 | £223,000 | 3 KIRKSTALL CLOSE |
| 29 Jun 2023 | £118,372 | £116,000 | 28 FLAXLEY ROAD |
| 28 Apr 2023 | £366,862 | £360,000 | 41 FLAXLEY ROAD |
| 26 Sep 2022 | £209,860 | £210,000 | 15 FLAXLEY ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Mar 2020. Using an estimated price of £284,826 means this house is valued at £2,434 per sq meter (£226 per sq foot).
The average size of a house on FLAXLEY ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byland Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkstall Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Flaxley Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gabriel Crescent |