£415,085
This estimated value is based upon the latest sale price for the house of £380,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 29 Oct 2021 |
| £120,000 | 3 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 October 2021 the House Price Index for LINCOLNSHIRE was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £380,000 results in an estimated price of approximately £415,085.
| 29 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £380,000 | £35,085 | £415,085 |
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 | -4.924 % | £-18,711 | £361,288 |
| 3 Month Average | 2.016 % | £7,661 | £387,661 |
| 6 Month Average | -2.342 % | £-8,901 | £371,098 |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 30 Apr 2019.
The average size of a house on ELM GROVE is 107 sq meters (1,161 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near The Orchards |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elsie Davies Close |
| Dec 2023 | Anti-social behaviour | On or near Elsie Davies Close | |
| Dec 2023 | Anti-social behaviour | On or near Elsie Davies Close | |
| Dec 2023 | Anti-social behaviour | On or near Elsie Davies Close |