£222,057
This estimated value is based upon the latest sale price for the house of £194,000 on 20 Jul 2021. 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 Cornwood Close
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| Price Paid | Date |
|---|---|
| £194,000 | 20 Jul 2021 |
| £131,500 | 20 Dec 2010 |
| £129,950 | 11 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 752 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 July 2021 the House Price Index for LINCOLNSHIRE was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £194,000 results in an estimated price of approximately £222,057.
| 20 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £194,000 | £28,057 | £222,057 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -19.123 % | £-37,098 | £156,901 |
| 3 Month Average | -7.484 % | £-14,519 | £179,480 |
| 6 Month Average | -7.337 % | £-14,233 | £179,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £172,259 | £169,000 | 95 HAWTHORN CHASE |
| 17 Apr 2023 | £209,558 | £208,000 | 20 EASTHOLM |
| 27 Jun 2022 | £224,778 | £222,500 | 74 HAWTHORN CHASE |
| 11 Feb 2022 | £99,224 | £95,000 | 52 HAWTHORN CHASE |
| 28 Jan 2022 | £113,201 | £108,000 | 11 HAWTHORN CHASE |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 22 Oct 2010. Using an estimated price of £222,057 means this house is valued at £3,175 per sq meter (£295 per sq foot).
The average size of a house on EASTHOLM is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Cornwood Close |
| Apr 2024 | Anti-social behaviour | On or near Hawthorn Chase | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hawthorn Chase |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near The Bee Field |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Bee Field |