£342,978
This estimated value is based upon the latest sale price for the house of £340,000 on 19 Apr 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 19 Apr 2024 |
| £220,000 | 6 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 April 2024 the House Price Index for LINCOLNSHIRE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £340,000 results in an estimated price of approximately £342,978.
| 19 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £340,000 | £2,978 | £342,978 |
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 | 7.692 % | £26,153 | £366,153 |
| 3 Month Average | 4.844 % | £16,468 | £356,468 |
| 6 Month Average | -1.355 % | £-4,606 | £335,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £342,978 | £340,000 | 322 HYKEHAM ROAD |
| 27 Oct 2023 | £315,158 | £308,000 | 119 GRANGE CRESCENT |
| 23 Aug 2023 | £290,235 | £285,000 | 365 HYKEHAM ROAD |
| 27 Mar 2023 | £294,925 | £290,000 | 121 GRANGE CRESCENT |
| 6 Feb 2023 | £223,996 | £222,500 | 127 GRANGE CRESCENT |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 15 Oct 2015. Using an estimated price of £342,978 means this house is valued at £2,521 per sq meter (£234 per sq foot).
The average size of a house on HYKEHAM ROAD is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Scarle Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Scarle Close |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Ripley Drive |
| Sep 2024 | Anti-social behaviour | On or near Pavillion Gardens | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkinson Lane |