£187,146
This estimated value is based upon the latest sale price for the house of £185,250 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,250 | 30 Jun 2022 |
| £165,000 | 7 Oct 2020 |
| £160,000 | 28 Feb 2020 |
| £122,500 | 22 Aug 2013 |
| £108,000 | 28 Oct 2010 |
| £74,000 | 7 Jun 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £185,250 results in an estimated price of approximately £187,146.
| 30 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £185,250 | £1,896 | £187,146 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | -21.017 % | £-38,933 | £146,316 |
| 3 Month Average | 7.902 % | £14,638 | £199,888 |
| 6 Month Average | 7.368 % | £13,649 | £198,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £167,417 | £164,250 | 77 VALLEY ROAD |
| 15 Jun 2023 | £216,758 | £215,000 | 42 VALLEY ROAD |
| 31 Aug 2022 | £54,631 | £55,000 | 8 BEECHCROFT ROAD |
| 30 Jun 2022 | £187,147 | £185,250 | 2 VALLEY ROAD |
| 28 Jun 2022 | £161,638 | £160,000 | 41 VALLEY ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Feb 2020. Using an estimated price of £187,147 means this house is valued at £2,339 per sq meter (£217 per sq foot).
The average size of a house on VALLEY ROAD is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Valley Road |
| Mar 2024 | Other crime | Under investigation | On or near Valley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Valley Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Beechcroft Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beechcroft Road |