£300,528
This estimated value is based upon the latest sale price for the house of £197,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Vindex Close
More crime details
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| Price Paid | Date |
|---|---|
| £197,000 | 15 Aug 2014 |
| £174,000 | 11 May 2007 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2014 the House Price Index for LINCOLNSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £197,000 results in an estimated price of approximately £300,528.
| 15 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £197,000 | £103,528 | £300,528 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 22.891 % | £45,095 | £242,095 |
| 3 Month Average | 23.193 % | £45,690 | £242,690 |
| 6 Month Average | 38.721 % | £76,279 | £273,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2024 | £265,000 | £265,000 | 42 ALBION CRESCENT |
| 21 Apr 2023 | £249,670 | £245,000 | 37 ALBION CRESCENT |
| 31 Jan 2023 | £42,614 | £42,500 | 30 ALBION CRESCENT |
| 8 Aug 2022 | £309,949 | £308,500 | 22 ALBION CRESCENT |
| 5 Aug 2022 | £180,846 | £180,000 | 10 MERCER DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 25 Nov 2014. Using an estimated price of £300,529 means this house is valued at £2,808 per sq meter (£260 per sq foot).
The average size of a house on ALBION CRESCENT is 140 sq meters (1,516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Vindex Close |
| Jul 2024 | Anti-social behaviour | On or near Vindex Close | |
| Jul 2024 | Anti-social behaviour | On or near Vindex Close | |
| Jul 2024 | Anti-social behaviour | On or near Vindex Close | |
| Jul 2024 | Anti-social behaviour | On or near Vindex Close |