£200,429
This estimated value is based upon the latest sale price for the house of £60,000 on 24 Aug 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 24 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2001 the House Price Index for LINCOLNSHIRE was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £60,000 results in an estimated price of approximately £200,429.
| 24 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 149.7 | 234.049 % | £60,000 | £140,429 | £200,429 |
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 | 214.734 % | £128,840 | £188,840 |
| 3 Month Average | 239.467 % | £143,680 | £203,680 |
| 6 Month Average | 233.834 % | £140,300 | £200,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £194,186 | £192,500 | 55 GRANGE CRESCENT |
| 3 Nov 2023 | £261,642 | £255,000 | 44 GRANGE CRESCENT |
| 23 Aug 2023 | £290,235 | £285,000 | 365 HYKEHAM ROAD |
| 9 Jun 2023 | £280,624 | £275,000 | 353 HYKEHAM ROAD |
| 23 Sep 2022 | £214,856 | £215,000 | 2 GLENTHAM CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 Jan 2014. Using an estimated price of £200,429 means this house is valued at £2,947 per sq meter (£273 per sq foot).
The average size of a house on GRANGE CRESCENT is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glentham Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glentham Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor Leas Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Berkeley Avenue |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Berkeley Avenue |