£235,023
This estimated value is based upon the latest sale price for the house of £155,000 on 3 Sep 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 3 Sep 2014 |
| £128,000 | 30 Jan 2004 |
| £66,847 | 5 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2014 the House Price Index for LINCOLNSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £155,000 results in an estimated price of approximately £235,023.
| 3 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £155,000 | £80,023 | £235,023 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 37.525 % | £58,164 | £213,164 |
| 3 Month Average | 52.126 % | £80,794 | £235,794 |
| 6 Month Average | 48.087 % | £74,534 | £229,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £213,277 | £210,000 | 5 LYNDON CRESCENT |
| 3 Mar 2023 | £264,416 | £260,000 | 7 CHRISTOPHER CLOSE |
| 14 Oct 2022 | £269,101 | £270,000 | 19 CHRISTOPHER CLOSE |
| 31 Jan 2022 | £238,545 | £225,000 | 27 CHRISTOPHER CLOSE |
| 18 Nov 2021 | £228,799 | £210,000 | 1 LYNDON WAY |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 May 2012. Using an estimated price of £235,023 means this house is valued at £3,175 per sq meter (£295 per sq foot).
The average size of a house on ROOKERY CLOSE is 119 sq meters (1,287 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Rookery Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near David Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near David Avenue |
| Oct 2024 | Anti-social behaviour | On or near Bowers Avenue | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bowers Avenue |