£162,781
This estimated value is based upon the latest sale price for the house of £149,950 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £149,950 | 15 Sep 2021 |
| £109,950 | 5 Jun 2015 |
| £107,500 | 10 Sep 2010 |
| Detached |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £149,950 results in an estimated price of approximately £162,781.
| 15 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £149,950 | £12,831 | £162,781 |
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 | -32.006 % | £-47,992 | £101,957 |
| 3 Month Average | 28.806 % | £43,194 | £193,144 |
| 6 Month Average | 17.931 % | £26,887 | £176,837 |
| 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 |
| 17 Feb 2023 | £181,160 | £179,950 | 11 BENNETTS MILL CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Jun 2020. Using an estimated price of £162,781 means this house is valued at £2,504 per sq meter (£232 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 |