£215,900
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Nov 2017 |
| £57,000 | 6 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 November 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £170,000 results in an estimated price of approximately £215,900.
| 24 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £170,000 | £45,900 | £215,900 |
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 | -7.010 % | £-11,917 | £158,082 |
| 3 Month Average | 14.691 % | £24,974 | £194,974 |
| 6 Month Average | 19.056 % | £32,394 | £202,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Aug 2024 | £290,000 | £290,000 | 2 HURSTWOOD CLOSE |
| 15 Mar 2024 | £253,850 | £249,950 | 250 WOLSEY WAY |
| 4 Sep 2023 | £255,635 | £250,000 | 240 WOLSEY WAY |
| 15 Aug 2023 | £325,878 | £320,000 | 7 WESTHOLM CLOSE |
| 21 Jun 2023 | £244,908 | £240,000 | 1 ARABIS CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 May 2017. Using an estimated price of £215,900 means this house is valued at £3,175 per sq meter (£294 per sq foot).
The average size of a house on MARLBOROUGH CLOSE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westholm Close |
| Jun 2024 | Anti-social behaviour | On or near Westholm Close | |
| Jun 2024 | Anti-social behaviour | On or near Westholm Close | |
| Jun 2024 | Anti-social behaviour | On or near Westholm Close | |
| Jun 2024 | Anti-social behaviour | On or near Westholm Close |