£213,080
This estimated value is based upon the latest sale price for the house of £162,500 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£162,500 | 2 Dec 2016 |
£67,750 | 4 Jun 2001 |
Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 December 2016 the House Price Index for LINCOLNSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £162,500 results in an estimated price of approximately £213,080.
2 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £162,500 | £50,580 | £213,080 |
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 | -58.307 % | £-94,749 | £67,750 |
3 Month Average | -0.895 % | £-1,453 | £161,046 |
6 Month Average | 26.961 % | £43,811 | £206,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £315,521 | £310,000 | 32 WESLEY WAY |
20 Nov 2023 | £213,156 | £210,000 | 4 WESLEY WAY |
30 Jun 2023 | £146,778 | £145,000 | 32 LODINGTON COURT |
30 Jun 2023 | £232,820 | £230,000 | 10 BONNETABLE ROAD |
13 Jun 2023 | £242,943 | £240,000 | 4 FAIRFAX CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 23 Jul 2016. Using an estimated price of £213,081 means this house is valued at £3,738 per sq meter (£347 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Clarke Court | |
Jan 2024 | Anti-social behaviour | On or near Clarke Court | |
Jan 2024 | Anti-social behaviour | On or near Clarke Court | |
Dec 2023 | Anti-social behaviour | On or near Clarke Court | |
Dec 2023 | Anti-social behaviour | On or near Clarke Court |