£221,472
This estimated value is based upon the latest sale price for the house of £105,950 on 12 Mar 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £105,950 | 12 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 March 2004 the House Price Index for LINCOLNSHIRE was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £105,950 results in an estimated price of approximately £221,472.
| 12 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £105,950 | £115,522 | £221,472 |
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 | 78.390 % | £83,053 | £189,003 |
| 3 Month Average | 95.449 % | £101,127 | £207,077 |
| 6 Month Average | 91.729 % | £97,186 | £203,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £175,241 | £173,000 | 14 SPILSBY CLOSE |
| 4 Sep 2023 | £131,684 | £130,000 | 16 STRUBBY CLOSE |
| 30 Aug 2023 | £232,030 | £230,000 | 1 ACER COURT |
| 11 Aug 2023 | £86,759 | £86,000 | 1 STRUBBY CLOSE |
| 24 Mar 2023 | £126,189 | £125,000 | 3 STRUBBY CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Feb 2015. Using an estimated price of £221,473 means this house is valued at £3,954 per sq meter (£367 per sq foot).
The average size of a house on BOTTESFORD CLOSE is 79 sq meters (858 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Folkingham Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Folkingham Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Folkingham Close |
| Mar 2024 | Other crime | Under investigation | On or near Ridgewell Close |
| Dec 2023 | Other theft | Under investigation | On or near Ridgewell Close |