£108,070
This estimated value is based upon the latest sale price for the house of £73,500 on 22 May 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £73,500 | 22 May 2015 |
| £54,500 | 30 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for LINCOLNSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £73,500 results in an estimated price of approximately £108,070.
| 22 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £73,500 | £34,570 | £108,070 |
The Postcode Pricing Model uses changes in average sales price within the LN12 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 | -2.015 % | £-1,480 | £72,019 |
| 3 Month Average | 31.785 % | £23,362 | £96,862 |
| 6 Month Average | 28.955 % | £21,282 | £94,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £155,387 | £153,000 | 28 LONG ACRE |
| 17 Oct 2023 | £179,067 | £175,000 | 16 ST ANDREWS ROAD |
| 22 Sep 2023 | £212,689 | £208,000 | 20 LONG ACRE |
| 4 Sep 2023 | £184,057 | £180,000 | 34 LONG ACRE |
| 15 Jun 2023 | £81,636 | £80,000 | FLAT 4 QUEBEC ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Jan 2015. Using an estimated price of £108,070 means this house is valued at £1,480 per sq meter (£137 per sq foot).
The average size of a house on LONG ACRE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Long Acre | |
| Sep 2024 | Anti-social behaviour | On or near Long Acre | |
| Oct 2024 | Anti-social behaviour | On or near St Andrews Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near St Andrews Road |
| Aug 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Byron Road |