£276,393
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Oct 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 21 Oct 2015 |
| £174,000 | 30 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,395 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 October 2015 the House Price Index for LINCOLNSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £195,000 results in an estimated price of approximately £276,393.
| 21 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £195,000 | £81,393 | £276,393 |
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 | 67.021 % | £130,690 | £325,690 |
| 3 Month Average | 56.410 % | £109,998 | £304,998 |
| 6 Month Average | 40.887 % | £79,730 | £274,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £300,010 | £295,000 | 16 TOM CHILDS CLOSE |
| 27 Mar 2023 | £157,632 | £155,000 | 69 CAVENDISH WAY |
| 15 Mar 2023 | £193,227 | £190,000 | 7 CAVENDISH WAY |
| 18 Feb 2022 | £248,267 | £235,000 | 19 CAVENDISH WAY |
| 17 Dec 2021 | £191,038 | £177,000 | 3 WOODBROOK |
This house has a floor area of 129 sq meters or 1,395 sq feet when measured on 1 Dec 2009. Using an estimated price of £276,394 means this house is valued at £2,131 per sq meter (£198 per sq foot).
The average size of a house on TOM CHILDS CLOSE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Cavendish Way | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Way |
| Jun 2024 | Anti-social behaviour | On or near Cavendish Way | |
| Jun 2024 | Anti-social behaviour | On or near Cavendish Way | |
| Jun 2024 | Anti-social behaviour | On or near Cavendish Way |