£229,356
This estimated value is based upon the latest sale price for the house of £188,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £188,000 | 5 Jun 2020 |
| £130,000 | 5 Dec 2018 |
| 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 June 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £188,000 results in an estimated price of approximately £229,356.
| 5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £188,000 | £41,356 | £229,356 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | -1.759 % | £-3,306 | £184,693 |
| 3 Month Average | 2.706 % | £5,086 | £193,086 |
| 6 Month Average | 14.239 % | £26,768 | £214,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £206,796 | £205,000 | 23 LYDD CLOSE |
| 1 Dec 2023 | £206,340 | £200,000 | 6 KIRMINGTON CLOSE |
| 24 Nov 2023 | £135,438 | £132,000 | 4 LYDD CLOSE |
| 25 Oct 2023 | £168,835 | £165,000 | 1 LECONFIELD CLOSE |
| 17 Mar 2023 | £166,785 | £164,000 | 8 GRAVELEY CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Apr 2019. Using an estimated price of £229,356 means this house is valued at £3,954 per sq meter (£367 per sq foot).
The average size of a house on KIRMINGTON CLOSE is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witchford Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shawbury Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Kelstern Close |
| Sep 2024 | Anti-social behaviour | On or near Sturgate Close | |
| Sep 2024 | Anti-social behaviour | On or near Sturgate Close |