£419,467
This estimated value is based upon the latest sale price for the house of £249,000 on 4 Dec 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,000 | 4 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 December 2012 the House Price Index for LINCOLNSHIRE was 87.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.461%.Applying this 68.461% change to the original purchase price of £249,000 results in an estimated price of approximately £419,467.
| 4 Dec 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.0 | 68.461 % | £249,000 | £170,467 | £419,467 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 52.526 % | £130,788 | £379,788 |
| 3 Month Average | 54.589 % | £135,925 | £384,925 |
| 6 Month Average | 58.496 % | £145,654 | £394,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £285,399 | £280,000 | 5 CHIPPENDALE ROAD |
| 20 Sep 2022 | £232,176 | £235,000 | 9 TUDOR ROAD |
| 4 Aug 2022 | £223,490 | £225,000 | 13 CHIPPENDALE ROAD |
| 9 Jun 2022 | £292,969 | £290,000 | 28 CHIPPENDALE ROAD |
| 21 Apr 2022 | £225,641 | £220,000 | 10 SHERATON CLOSE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 7 Aug 2012. Using an estimated price of £419,467 means this house is valued at £3,039 per sq meter (£282 per sq foot).
The average size of a house on CHIPPENDALE ROAD is 103 sq meters (1,110 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tudor Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Winthorpe Grove |