£306,611
This estimated value is based upon the latest sale price for the house of £167,000 on 21 Oct 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,000 | 21 Oct 2005 |
| £70,500 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 October 2005 the House Price Index for LINCOLNSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £167,000 results in an estimated price of approximately £306,611.
| 21 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £167,000 | £139,611 | £306,611 |
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 | 123.832 % | £206,799 | £373,799 |
| 3 Month Average | 52.997 % | £88,504 | £255,504 |
| 6 Month Average | 33.744 % | £56,352 | £223,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £319,828 | £310,000 | 32 WESLEY WAY |
| 4 Dec 2023 | £226,974 | £220,000 | 67 BANOVALLUM GARDENS |
| 20 Nov 2023 | £215,469 | £210,000 | 4 WESLEY WAY |
| 10 Aug 2023 | £229,133 | £225,000 | 73 BANOVALLUM GARDENS |
| 30 Jun 2023 | £147,965 | £145,000 | 32 LODINGTON COURT |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Apr 2016. Using an estimated price of £306,611 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on LODINGTON COURT is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lodington Court |
| Jun 2024 | Vehicle crime | Under investigation | On or near Clarke Court |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Clarke Court |
| May 2024 | Criminal damage and arson | Under investigation | On or near Clarke Court |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Clarke Court |