£138,930
This estimated value is based upon the latest sale price for the house of £74,950 on 1 Jun 2009. 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 Scott Gardens
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| Price Paid | Date |
|---|---|
| £74,950 | 1 Jun 2009 |
| £74,742 | 11 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2009 the House Price Index for LINCOLNSHIRE was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £74,950 results in an estimated price of approximately £138,930.
| 1 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £74,950 | £63,980 | £138,930 |
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 | 49.210 % | £36,882 | £111,832 |
| 3 Month Average | 50.268 % | £37,675 | £112,625 |
| 6 Month Average | 56.653 % | £42,461 | £117,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £179,559 | £178,000 | 5 BURNS GARDENS |
| 5 Apr 2024 | £171,489 | £170,000 | 89 ADDISON DRIVE |
| 5 Apr 2023 | £142,668 | £140,000 | 70 ADDISON DRIVE |
| 20 Jul 2022 | £128,285 | £127,000 | 2 SCOTT GARDENS |
| 17 Jun 2022 | £178,823 | £175,000 | 2 BURNS GARDENS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 2 Aug 2013. Using an estimated price of £138,930 means this house is valued at £1,462 per sq meter (£135 per sq foot).
The average size of a house on SCOTT GARDENS is 98 sq meters (1,059 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Scott Gardens |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Scott Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scott Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Scott Gardens |
| Jul 2024 | Anti-social behaviour | On or near Scott Gardens |