£232,327
This estimated value is based upon the latest sale price for the house of £230,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 11 Jul 2022 |
| £250,000 | 7 Mar 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 July 2022 the House Price Index for LINCOLNSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £230,000 results in an estimated price of approximately £232,327.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £230,000 | £2,327 | £232,327 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -33.348 % | £-76,701 | £153,298 |
| 3 Month Average | -0.063 % | £-144 | £229,855 |
| 6 Month Average | 0.120 % | £275 | £230,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £247,609 | £240,000 | 31 WRAGBY ROAD |
| 22 Aug 2023 | £448,082 | £440,000 | 34 GREETWELL GATE |
| 1 Jun 2023 | £392,873 | £385,000 | 37 GREETWELL GATE |
| 8 Mar 2023 | £156,107 | £153,500 | 10 THE CLOISTERS |
| 12 Aug 2022 | £251,174 | £250,000 | 1 THE CLOISTERS |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 2 Jun 2021. Using an estimated price of £232,328 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on THE CLOISTERS is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Awaiting court outcome | On or near St Leonard'S Lane |
| May 2024 | Anti-social behaviour | On or near St Leonard'S Lane | |
| May 2024 | Anti-social behaviour | On or near St Leonard'S Lane | |
| May 2024 | Anti-social behaviour | On or near St Leonard'S Lane | |
| May 2024 | Anti-social behaviour | On or near St Leonard'S Lane |