£304,522
This estimated value is based upon the latest sale price for the house of £267,500 on 27 May 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £267,500 | 27 May 2021 |
| £172,000 | 20 Feb 2013 |
| £163,500 | 24 Sep 2009 |
| £174,000 | 18 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2021 the House Price Index for LINCOLNSHIRE was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £267,500 results in an estimated price of approximately £304,522.
| 27 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £267,500 | £37,022 | £304,522 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 25.671 % | £68,670 | £336,170 |
| 3 Month Average | 27.915 % | £74,671 | £342,171 |
| 6 Month Average | 9.570 % | £25,599 | £293,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £175,389 | £170,000 | 42 THORNEYDENE GARDENS |
| 23 Aug 2023 | £190,944 | £187,500 | 35 MANCHESTER WAY |
| 30 Jun 2023 | £195,926 | £192,000 | 6 LEICESTER GROVE |
| 26 Apr 2023 | £188,526 | £185,000 | 1 BLACKBURN CLOSE |
| 12 Apr 2023 | £326,099 | £320,000 | 34 MANCHESTER WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 26 Jul 2012. Using an estimated price of £304,523 means this house is valued at £4,229 per sq meter (£392 per sq foot).
The average size of a house on MANCHESTER WAY is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chester Gardens |
| Sep 2024 | Anti-social behaviour | On or near Thorneydene Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Thorneydene Gardens | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorneydene Gardens |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near York Way |