£164,971
This estimated value is based upon the latest sale price for the house of £135,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 27 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £135,000 results in an estimated price of approximately £164,971.
| 27 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £135,000 | £29,971 | £164,971 |
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 | -7.403 % | £-9,994 | £125,005 |
| 3 Month Average | 11.588 % | £15,643 | £150,643 |
| 6 Month Average | 12.739 % | £17,198 | £152,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £213,238 | £210,500 | 7 WIGSLEY CLOSE |
| 30 Jun 2022 | £250,539 | £248,000 | 1 STENIGOT GROVE |
| 25 Mar 2022 | £216,736 | £210,000 | 21 WIGSLEY ROAD |
| 12 Oct 2021 | £286,523 | £260,000 | 55 WIGSLEY ROAD |
| 17 Aug 2020 | £292,585 | £245,000 | 12 SANDTOFT CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 Jun 2019. Using an estimated price of £164,971 means this house is valued at £2,999 per sq meter (£278 per sq foot).
The average size of a house on JACOBEAN ROAD is 90 sq meters (975 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Sandtoft Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sandtoft Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandtoft Close |
| Feb 2024 | Anti-social behaviour | On or near Sandtoft Close | |
| Feb 2024 | Anti-social behaviour | On or near Sandtoft Close |