£431,723
This estimated value is based upon the latest sale price for the house of £400,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 3 Dec 2021 |
| £159,950 | 26 Oct 2001 |
| £131,000 | 15 May 1998 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 December 2021 the House Price Index for LINCOLNSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £400,000 results in an estimated price of approximately £431,723.
| 3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £400,000 | £31,723 | £431,723 |
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 | -10.488 % | £-41,953 | £358,046 |
| 3 Month Average | -6.227 % | £-24,907 | £375,092 |
| 6 Month Average | -3.969 % | £-15,874 | £384,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £96,000 | £96,000 | FLAT 14 FERGUSON HOUSE STONES LANE |
| 15 Nov 2023 | £184,688 | £180,000 | 6 SAMPSON CLOSE |
| 17 Jun 2022 | £105,250 | £103,000 | FLAT 5 FERGUSON HOUSE STONES LANE |
| 9 Mar 2022 | £579,383 | £555,000 | STONES PLACE LODGE SKELLINGTHORPE ROAD |
| 14 Jan 2022 | £339,263 | £320,000 | 19 BURGHLEY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 Jun 2021. Using an estimated price of £431,723 means this house is valued at £4,232 per sq meter (£393 per sq foot).
The average size of a house on BURGHLEY CLOSE is 172 sq meters (1,856 sq feet).
This house is the smallest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jun 2024 | Robbery | Under investigation | On or near B1378 |
| May 2024 | Anti-social behaviour | On or near B1378 | |
| May 2024 | Anti-social behaviour | On or near B1378 |