£246,834
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Apr 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 17 Apr 2023 |
| £180,000 | 13 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2023 the House Price Index for LINCOLNSHIRE was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £245,000 results in an estimated price of approximately £246,834.
| 17 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £245,000 | £1,834 | £246,834 |
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 | -4.289 % | £-10,508 | £234,491 |
| 3 Month Average | -0.516 % | £-1,263 | £243,736 |
| 6 Month Average | -0.744 % | £-1,822 | £243,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £169,201 | £166,000 | 3 BITTERN WAY |
| 1 Dec 2023 | £193,664 | £190,000 | 33 BIRCHWOOD AVENUE |
| 26 Jul 2023 | £229,168 | £227,000 | 87 BIRCHWOOD AVENUE |
| 17 Apr 2023 | £246,835 | £245,000 | 25 OLD POND CLOSE |
| 11 Apr 2023 | £171,273 | £170,000 | 8 EGRET GROVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Apr 2018. Using an estimated price of £246,835 means this house is valued at £3,085 per sq meter (£286 per sq foot).
The average size of a house on OLD POND CLOSE is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bittern Way | |
| Mar 2024 | Anti-social behaviour | On or near Bittern Way | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Pond Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Pond Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Linnet Close |