£280,623
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 30 Jun 2023 |
| £190,000 | 25 Jul 2016 |
| £183,000 | 18 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 June 2023 the House Price Index for LINCOLNSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £275,000 results in an estimated price of approximately £280,623.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £275,000 | £5,623 | £280,623 |
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 | 14.323 % | £39,389 | £314,389 |
| 3 Month Average | -1.464 % | £-4,027 | £270,972 |
| 6 Month Average | -1.727 % | £-4,750 | £270,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £209,764 | £205,000 | 11 BRANSTON CLOSE |
| 13 Oct 2023 | £225,113 | £220,000 | 31 TOYNTON CLOSE |
| 22 Sep 2023 | £297,559 | £291,000 | 60 GREGG HALL CRESCENT |
| 30 Jun 2023 | £280,624 | £275,000 | 368 NEWARK ROAD |
| 9 Jan 2023 | £275,737 | £275,000 | 15 TOYNTON CLOSE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 18 Jun 2015. Using an estimated price of £280,624 means this house is valued at £2,398 per sq meter (£222 per sq foot).
The average size of a house on NEWARK ROAD is 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Gregg Hall Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Gregg Hall Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Gregg Hall Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Gregg Hall Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Bourne Close |