£235,128
This estimated value is based upon the latest sale price for the house of £151,000 on 29 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £151,000 | 29 Apr 2014 |
| £151,995 | 28 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £151,000 results in an estimated price of approximately £235,128.
| 29 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £151,000 | £84,128 | £235,128 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 82.904 % | £125,185 | £276,185 |
| 3 Month Average | 40.609 % | £61,319 | £212,319 |
| 6 Month Average | 47.520 % | £71,755 | £222,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £237,074 | £235,000 | 10 THE FURLONGS |
| 16 Aug 2023 | £168,474 | £167,000 | 26 THE FURLONGS |
| 1 Aug 2023 | £242,118 | £240,000 | 12 THE FURLONGS |
| 14 Apr 2023 | £181,959 | £180,000 | 30 THE FURLONGS |
| 8 Feb 2023 | £272,317 | £272,500 | 38 LADY FRANCES DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Mar 2014. Using an estimated price of £235,128 means this house is valued at £2,528 per sq meter (£234 per sq foot).
The average size of a house on THE FURLONGS is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Lancaster Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Drive |
| Mar 2024 | Anti-social behaviour | On or near Lancaster Drive | |
| Feb 2024 | Anti-social behaviour | On or near Lancaster Drive | |
| Feb 2024 | Anti-social behaviour | On or near Lancaster Drive |