£154,950
This estimated value is based upon the latest sale price for the house of £27,000 on 18 Oct 1995. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £27,000 | 18 Oct 1995 |
| Detached |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 1995 the House Price Index for LINCOLNSHIRE was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.891%.Applying this 473.891% change to the original purchase price of £27,000 results in an estimated price of approximately £154,950.
| 18 Oct 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.891 % | £27,000 | £127,950 | £154,950 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | 214.379 % | £57,882 | £84,882 |
| 3 Month Average | 412.548 % | £111,387 | £138,387 |
| 6 Month Average | 354.463 % | £95,705 | £122,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £314,837 | £310,000 | 9 ALBANY ROAD |
| 19 Dec 2023 | £149,597 | £145,000 | 17 OAKLANDS |
| 29 Nov 2023 | £387,332 | £377,500 | 16 ALBANY ROAD |
| 20 Oct 2023 | £152,974 | £149,500 | 12 OAKLANDS |
| 4 Aug 2023 | £274,959 | £270,000 | 2 ST LEONARDS PLACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 May 2016. Using an estimated price of £154,951 means this house is valued at £2,626 per sq meter (£243 per sq foot).
The average size of a house on OAKLANDS is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Albany Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near St Leonards Avenue |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bennetts Mill Close |
| Jun 2024 | Anti-social behaviour | On or near Bennetts Mill Close | |
| Jun 2024 | Anti-social behaviour | On or near Bennetts Mill Close |