£442,083
This estimated value is based upon the latest sale price for the house of £159,995 on 30 Aug 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,995 | 30 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 August 2002 the House Price Index for LINCOLNSHIRE was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £159,995 results in an estimated price of approximately £442,083.
| 30 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £159,995 | £282,088 | £442,083 |
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 | 178.823 % | £286,107 | £446,102 |
| 3 Month Average | 187.327 % | £299,714 | £459,709 |
| 6 Month Average | 171.127 % | £273,794 | £433,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £197,500 | £197,500 | 2A YORK WAY |
| 17 May 2024 | £280,000 | £280,000 | 31 GLOUCESTER ROAD |
| 15 Sep 2023 | £352,777 | £345,000 | 73 GLOUCESTER ROAD |
| 24 Aug 2023 | £364,575 | £358,000 | 26 GLOUCESTER ROAD |
| 18 Aug 2023 | £442,990 | £435,000 | 5 SOUTHWELL CLOSE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 8 Aug 2012. Using an estimated price of £442,083 means this house is valued at £3,912 per sq meter (£363 per sq foot).
The average size of a house on GLOUCESTER ROAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wakefield Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wakefield Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wakefield Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wakefield Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakefield Close |