£154,762
This estimated value is based upon the latest sale price for the house of £111,000 on 10 Dec 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £111,000 | 10 Dec 2015 |
| £59,950 | 14 Jun 2002 |
| £36,950 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 2015 the House Price Index for LINCOLNSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £111,000 results in an estimated price of approximately £154,762.
| 10 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £111,000 | £43,762 | £154,762 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 41.246 % | £45,782 | £156,782 |
| 3 Month Average | 27.013 % | £29,984 | £140,984 |
| 6 Month Average | 26.239 % | £29,125 | £140,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £141,226 | £140,000 | 32 WATTS LANE |
| 9 Nov 2023 | £128,256 | £125,000 | 8 WATTS LANE |
| 18 Sep 2023 | £194,232 | £189,950 | 3 ALEXANDER DRIVE |
| 20 Jun 2023 | £153,067 | £150,000 | 32 ALEXANDER DRIVE |
| 6 Jun 2023 | £188,783 | £185,000 | 8 QUEENS COURT |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 16 May 2018. Using an estimated price of £154,763 means this house is valued at £3,095 per sq meter (£287 per sq foot).
The average size of a house on QUORN GARDENS is 57 sq meters (615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watts Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Queens Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queens Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pippin Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Spire View Road |