£163,109
This estimated value is based upon the latest sale price for the house of £127,000 on 14 Jul 2017. 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 Spinners Close
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| Price Paid | Date |
|---|---|
| £127,000 | 14 Jul 2017 |
| £97,000 | 6 Jan 2011 |
| £34,250 | 3 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2017 the House Price Index for LINCOLNSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £127,000 results in an estimated price of approximately £163,109.
| 14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £127,000 | £36,109 | £163,109 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 27.651 % | £35,116 | £162,116 |
| 3 Month Average | 27.633 % | £35,093 | £162,093 |
| 6 Month Average | 22.183 % | £28,172 | £155,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £200,000 | £200,000 | 35 BOUNDARY PASTURES |
| 15 Sep 2023 | £158,494 | £155,000 | 8 BOUNDARY PASTURES |
| 8 Aug 2023 | £145,627 | £143,000 | 16 SPINNERS CLOSE |
| 31 Mar 2023 | £249,161 | £245,000 | 3 THE INNINGS |
| 23 Feb 2022 | £158,469 | £150,000 | 14 THE INNINGS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Aug 2017. Using an estimated price of £163,109 means this house is valued at £2,812 per sq meter (£261 per sq foot).
The average size of a house on BOUNDARY PASTURES is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Spinners Close |
| Sep 2024 | Anti-social behaviour | On or near Bonner Close | |
| Sep 2024 | Anti-social behaviour | On or near Bonner Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonner Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonner Close |