£242,970
This estimated value is based upon the latest sale price for the house of £151,000 on 30 Jan 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 | 30 Jan 2014 |
| £162,000 | 31 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2014 the House Price Index for LINCOLNSHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £151,000 results in an estimated price of approximately £242,970.
| 30 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £151,000 | £91,970 | £242,970 |
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 | 42.943 % | £64,843 | £215,843 |
| 3 Month Average | 42.867 % | £64,729 | £215,729 |
| 6 Month Average | 32.973 % | £49,788 | £200,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £198,988 | £195,000 | 17 FALDOS WAY |
| 29 Nov 2022 | £146,814 | £147,500 | 119 GOLF ROAD |
| 30 Aug 2022 | £170,799 | £170,000 | 39 FALDOS WAY |
| 20 Jul 2022 | £161,619 | £160,000 | 8 THE DRIVE |
| 15 Jul 2022 | £146,468 | £145,000 | 10 THE DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Apr 2013. Using an estimated price of £242,971 means this house is valued at £2,699 per sq meter (£250 per sq foot).
The average size of a house on GOLF ROAD is 69 sq meters (746 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Hickory Way |
| Aug 2024 | Anti-social behaviour | On or near Hickory Way | |
| Aug 2024 | Anti-social behaviour | On or near Hickory Way | |
| Aug 2024 | Anti-social behaviour | On or near Hickory Way | |
| Aug 2024 | Anti-social behaviour | On or near Hickory Way |