£442,067
This estimated value is based upon the latest sale price for the house of £440,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Lee Road
More crime details
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| Price Paid | Date |
|---|---|
| £440,000 | 12 Aug 2022 |
| £300,000 | 31 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 August 2022 the House Price Index for LINCOLNSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £440,000 results in an estimated price of approximately £442,067.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £440,000 | £2,067 | £442,067 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -11.830 % | £-52,053 | £387,946 |
| 3 Month Average | -8.501 % | £-37,405 | £402,594 |
| 6 Month Average | -2.272 % | £-9,997 | £430,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £493,237 | £485,000 | 114 NETTLEHAM ROAD |
| 16 Nov 2022 | £348,371 | £350,000 | 80 NETTLEHAM ROAD |
| 12 Aug 2022 | £442,067 | £440,000 | 40 LEE ROAD |
| 25 Feb 2022 | £221,856 | £210,000 | 108 NETTLEHAM ROAD |
| 20 Jan 2022 | £842,858 | £795,000 | 1 LEE ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 18 Apr 2017. Using an estimated price of £442,067 means this house is valued at £3,400 per sq meter (£315 per sq foot).
The average size of a house on LEE ROAD is 199 sq meters (2,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Lee Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haffenden Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Mews |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Mews |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Mews |