£529,628
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Sep 1999. 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 Princess Royal Close
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| Price Paid | Date |
|---|---|
| £125,000 | 17 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 1999 the House Price Index for LINCOLNSHIRE was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £125,000 results in an estimated price of approximately £529,628.
| 17 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 149.7 | 323.703 % | £125,000 | £404,628 | £529,628 |
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 | 275.761 % | £344,701 | £469,701 |
| 3 Month Average | 279.996 % | £349,994 | £474,994 |
| 6 Month Average | 292.219 % | £365,274 | £490,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £572,595 | £555,000 | THE POST HOUSE, 9B SEWELL ROAD |
| 31 Mar 2023 | £411,878 | £405,000 | 4 LIMELANDS |
| 28 Oct 2022 | £214,234 | £214,950 | 2 WOODLAND VIEW |
| 30 Aug 2022 | £160,752 | £160,000 | 7 WOODLAND VIEW |
| 25 Apr 2022 | £736,570 | £710,000 | 9A GREETWELL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Nov 2019. Using an estimated price of £529,628 means this house is valued at £6,790 per sq meter (£630 per sq foot).
The average size of a house on SEWELL ROAD is 246 sq meters (2,657 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Princess Royal Close |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Eastcliff Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastcliff Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastcliff Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Eastcliff Road |