£215,004
This estimated value is based upon the latest sale price for the house of £175,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 19 Dec 2018 |
| £105,000 | 5 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2018 the House Price Index for LINCOLNSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £175,000 results in an estimated price of approximately £215,004.
| 19 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £175,000 | £40,004 | £215,004 |
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 | 13.314 % | £23,299 | £198,299 |
| 3 Month Average | 12.112 % | £21,195 | £196,195 |
| 6 Month Average | 18.647 % | £32,631 | £207,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £191,423 | £190,000 | 4 WALLIS AVENUE |
| 17 Apr 2023 | £198,979 | £197,500 | 4 ST MARGARETS CLOSE |
| 7 Jun 2022 | £181,843 | £180,000 | 13 GRANGE CRESCENT |
| 18 Mar 2022 | £242,538 | £235,000 | 40 GRANGE CRESCENT |
| 28 Jan 2022 | £299,773 | £286,000 | 269 HYKEHAM ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Feb 2013. Using an estimated price of £215,005 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on HYKEHAM ROAD is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Manor Leas Close |
| Jan 2024 | Anti-social behaviour | On or near St Margaret'S Gardens | |
| Jan 2024 | Anti-social behaviour | On or near St Margaret'S Gardens | |
| Jan 2024 | Anti-social behaviour | On or near St Margaret'S Gardens | |
| Jan 2024 | Anti-social behaviour | On or near St Margaret'S Gardens |