£224,648
This estimated value is based upon the latest sale price for the house of £40,000 on 1 Jul 1996. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 1 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 1996 the House Price Index for LINCOLNSHIRE was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £40,000 results in an estimated price of approximately £224,648.
| 1 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £40,000 | £184,648 | £224,648 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 579.513 % | £231,805 | £271,805 |
| 3 Month Average | 376.590 % | £150,635 | £190,635 |
| 6 Month Average | 424.865 % | £169,946 | £209,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £153,381 | £150,000 | 4 CURTIS CLOSE |
| 30 Aug 2023 | £143,590 | £141,000 | 15 CURTIS CLOSE |
| 29 Aug 2023 | £250,518 | £246,000 | 68 LANGTON HILL |
| 15 Jun 2023 | £415,833 | £407,500 | 4 GRANARY WAY |
| 15 Jun 2023 | £413,282 | £405,000 | 27 LANGTON HILL |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Feb 2017. Using an estimated price of £224,649 means this house is valued at £3,035 per sq meter (£282 per sq foot).
The average size of a house on GRANARY WAY is 133 sq meters (1,439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Langton Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Brown Close |
| Oct 2024 | Possession of weapons | Under investigation | On or near Petrol Station |
| Oct 2024 | Drugs | Under investigation | On or near Petrol Station |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |