£359,083
This estimated value is based upon the latest sale price for the house of £185,000 on 19 Aug 2004. 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 Stephenson Close
More crime details
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| Price Paid | Date |
|---|---|
| £185,000 | 19 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2004 the House Price Index for LINCOLNSHIRE was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £185,000 results in an estimated price of approximately £359,083.
| 19 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £185,000 | £174,083 | £359,083 |
The Postcode Pricing Model uses changes in average sales price within the LN13 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 | -16.646 % | £-30,794 | £154,205 |
| 3 Month Average | 42.327 % | £78,304 | £263,304 |
| 6 Month Average | 53.062 % | £98,163 | £283,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £240,000 | £240,000 | 41 STATION ROAD |
| 1 Mar 2024 | £330,070 | £324,999 | 1 STATION ROAD |
| 31 Mar 2023 | £264,416 | £260,000 | 5 COLES AVENUE |
| 17 Jun 2022 | £245,242 | £240,000 | 19 COLES AVENUE |
| 26 Apr 2022 | £363,098 | £350,000 | 6 COLES AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Jun 2015. Using an estimated price of £359,084 means this house is valued at £4,274 per sq meter (£397 per sq foot).
The average size of a house on STATION ROAD is 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Stephenson Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Stephenson Close |
| Jun 2024 | Anti-social behaviour | On or near Stephenson Close | |
| Jun 2024 | Anti-social behaviour | On or near Stephenson Close | |
| Jun 2024 | Burglary | Under investigation | On or near Petrol Station |