£148,507
This estimated value is based upon the latest sale price for the house of £121,000 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £121,000 | 5 Oct 2018 |
| £116,000 | 20 Dec 2007 |
| £92,500 | 23 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £121,000 results in an estimated price of approximately £148,507.
| 5 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £121,000 | £27,507 | £148,507 |
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 | 8.217 % | £9,942 | £130,942 |
| 3 Month Average | 46.482 % | £56,242 | £177,242 |
| 6 Month Average | 8.716 % | £10,546 | £131,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £90,551 | £90,000 | 11 CEDAR CLOSE |
| 9 Aug 2023 | £145,887 | £145,000 | 89 GORDON FIELD |
| 30 Jun 2023 | £287,330 | £285,000 | 1 MILL ROAD |
| 21 Jun 2023 | £151,226 | £150,000 | HEALTH CLINIC MILL ROAD |
| 28 Apr 2023 | £86,644 | £86,000 | 16 CEDAR CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Aug 2018. Using an estimated price of £148,507 means this house is valued at £1,903 per sq meter (£176 per sq foot).
The average size of a house on GORDON FIELD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Willow Tree Drive | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Willow Tree Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Willow Tree Drive |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Drive | |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Drive |