£303,697
This estimated value is based upon the latest sale price for the house of £250,000 on 15 Jan 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 15 Jan 2020 |
| £180,000 | 26 Jan 2007 |
| £52,000 | 7 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2020 the House Price Index for LINCOLNSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £250,000 results in an estimated price of approximately £303,697.
| 15 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £250,000 | £53,697 | £303,697 |
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 | 21.586 % | £53,966 | £303,966 |
| 3 Month Average | 11.148 % | £27,869 | £277,869 |
| 6 Month Average | 11.296 % | £28,239 | £278,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £265,014 | £260,000 | 25 NEWARK ROAD |
| 23 Nov 2023 | £202,601 | £200,000 | 9 SWALLOWBECK AVENUE |
| 30 Aug 2023 | £271,652 | £270,000 | 19 SWALLOWBECK AVENUE |
| 8 Apr 2022 | £112,821 | £110,000 | 1 THE ROOKERY NEWARK ROAD |
| 15 Oct 2021 | £369,173 | £335,000 | 16 SWALLOWBECK AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 4 Jun 2020. Using an estimated price of £303,697 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on SWALLOWBECK AVENUE is 124 sq meters (1,344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fern Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Foxes Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Foxes Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxes Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxes Lane |