£598,073
This estimated value is based upon the latest sale price for the house of £499,990 on 7 Sep 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 |
|---|---|
| £499,990 | 7 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 460 sq meters or 4,951 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 2020 the House Price Index for LINCOLNSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £499,990 results in an estimated price of approximately £598,073.
| 7 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £499,990 | £98,083 | £598,073 |
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 | -23.149 % | £-115,740 | £384,249 |
| 3 Month Average | -3.204 % | £-16,020 | £483,969 |
| 6 Month Average | 9.645 % | £48,223 | £548,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £443,632 | £430,000 | 2 GERALDS CLOSE |
| 28 Nov 2023 | £182,636 | £178,000 | 9 ADMIRAL WALK |
| 23 Jun 2023 | £186,232 | £182,500 | 38 GREETWELL CLOSE |
| 9 Jun 2023 | £270,419 | £265,000 | 54 GREETWELL ROAD |
| 14 Feb 2023 | £1,252,813 | £1,244,444 | 145 WRAGBY ROAD |
This house has a floor area of 460 sq meters or 4,951 sq feet when measured on 30 Aug 2020. Using an estimated price of £598,074 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on GERALDS CLOSE is 220 sq meters (2,371 sq feet).
This house is the largest in the street with a floor area of 460 sq meters (4,951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greetwell Close |
| Sep 2024 | Anti-social behaviour | On or near Ancaster Avenue | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Ancaster Avenue |
| Aug 2024 | Anti-social behaviour | On or near Ancaster Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Ancaster Avenue |