£463,860
This estimated value is based upon the latest sale price for the house of £270,000 on 31 May 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 31 May 2012 |
| £185,000 | 6 May 2003 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,514 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 May 2012 the House Price Index for LINCOLNSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £270,000 results in an estimated price of approximately £463,860.
| 31 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £270,000 | £193,860 | £463,860 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | 196.791 % | £531,335 | £801,335 |
| 3 Month Average | 44.211 % | £119,370 | £389,370 |
| 6 Month Average | 47.723 % | £128,851 | £398,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £242,450 | £235,000 | STANLEY HOUSE, 21 KING EDWARD ROAD |
| 16 Oct 2023 | £56,278 | £55,000 | FLAT 6 WEIGALL COURT WITHAM ROAD |
| 9 Oct 2023 | £342,785 | £335,000 | 29 STIXWOULD ROAD |
| 8 Aug 2023 | £264,775 | £260,000 | 19 KING EDWARD ROAD |
| 4 Nov 2022 | £204,046 | £205,000 | 10 KING EDWARD CRESCENT |
This house has a floor area of 140 sq meters or 1,514 sq feet when measured on 28 Mar 2012. Using an estimated price of £463,860 means this house is valued at £3,296 per sq meter (£306 per sq foot).
The average size of a house on STIXWOULD ROAD is 178 sq meters (1,919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near King Edward Crescent | |
| Sep 2024 | Anti-social behaviour | On or near King Edward Crescent | |
| Sep 2024 | Anti-social behaviour | On or near King Edward Crescent | |
| Sep 2024 | Anti-social behaviour | On or near King Edward Crescent | |
| Sep 2024 | Anti-social behaviour | On or near King Edward Crescent |