£128,876
This estimated value is based upon the latest sale price for the house of £84,995 on 2 Sep 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £84,995 | 2 Sep 2014 |
| £93,500 | 13 Jun 2008 |
| £84,500 | 29 Jul 2005 |
| £36,950 | 9 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 44 sq meters or 473 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 September 2014 the House Price Index for LINCOLNSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £84,995 results in an estimated price of approximately £128,876.
| 2 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £84,995 | £43,881 | £128,876 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 112.146 % | £95,318 | £180,313 |
| 3 Month Average | 43.354 % | £36,848 | £121,843 |
| 6 Month Average | 52.240 % | £44,400 | £129,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £327,437 | £320,000 | 73 MAREHAM ROAD |
| 28 Jun 2023 | £178,579 | £175,000 | 18 THOMAS GIBSON DRIVE |
| 15 Mar 2023 | £198,312 | £195,000 | 38 THOMAS GIBSON DRIVE |
| 27 Jul 2022 | £175,256 | £173,500 | 3 WHELPTON CLOSE |
| 20 Jul 2022 | £176,771 | £175,000 | 4 TENNYSON GARDENS |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 22 Nov 2013. Using an estimated price of £128,876 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on MAREHAM ROAD is 93 sq meters (1,008 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mareham Road |
| Aug 2024 | Anti-social behaviour | On or near Mareham Road | |
| Aug 2024 | Anti-social behaviour | On or near Mareham Road | |
| Aug 2024 | Anti-social behaviour | On or near Mareham Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Whelpton Close |