£145,881
This estimated value is based upon the latest sale price for the house of £99,950 on 22 May 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £99,950 | 22 May 2015 |
| £106,100 | 28 Mar 2008 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2015 the House Price Index for LINCOLNSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £99,950 results in an estimated price of approximately £145,881.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £99,950 | £45,931 | £145,881 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 67.187 % | £67,153 | £167,103 |
| 3 Month Average | 44.515 % | £44,492 | £144,442 |
| 6 Month Average | 56.059 % | £56,031 | £155,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £90,794 | £90,000 | 11 CEDAR CLOSE |
| 9 Aug 2023 | £146,280 | £145,000 | 89 GORDON FIELD |
| 30 Jun 2023 | £288,495 | £285,000 | 1 MILL ROAD |
| 21 Jun 2023 | £151,839 | £150,000 | HEALTH CLINIC MILL ROAD |
| 28 Apr 2023 | £86,936 | £86,000 | 16 CEDAR CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Feb 2015. Using an estimated price of £145,881 means this house is valued at £1,945 per sq meter (£180 per sq foot).
The average size of a house on GORDON FIELD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Willow Tree Drive |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Willow Tree Drive |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Drive | |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Drive | |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Drive |