£134,966
This estimated value is based upon the latest sale price for the house of £110,000 on 4 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 4 Sep 2019 |
| £88,000 | 2 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £110,000 results in an estimated price of approximately £134,966.
| 4 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £110,000 | £24,966 | £134,966 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | -13.183 % | £-14,501 | £95,498 |
| 3 Month Average | 18.309 % | £20,139 | £130,139 |
| 6 Month Average | 11.537 % | £12,690 | £122,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £146,578 | £145,000 | 38 HILL CRESCENT |
| 4 Feb 2022 | £183,522 | £175,000 | 49 WOODFIELD ROAD |
| 3 Dec 2021 | £139,274 | £129,995 | 7 HILL CRESCENT |
| 4 Jun 2021 | £150,209 | £140,000 | 50 WOODFIELD ROAD |
| 4 Dec 2020 | £91,817 | £80,000 | 7 EASTERN AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 26 Jun 2019. Using an estimated price of £134,966 means this house is valued at £1,483 per sq meter (£137 per sq foot).
The average size of a house on HILL CRESCENT is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerby Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastern Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |