£225,870
This estimated value is based upon the latest sale price for the house of £181,950 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £181,950 | 30 Nov 2018 |
| £130,500 | 29 Apr 2005 |
| £83,560 | 28 Feb 2003 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 November 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £181,950 results in an estimated price of approximately £225,870.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £181,950 | £43,920 | £225,870 |
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 | 27.733 % | £50,460 | £232,410 |
| 3 Month Average | 6.735 % | £12,254 | £194,204 |
| 6 Month Average | 13.056 % | £23,755 | £205,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £216,335 | £212,000 | 39 LANSDOWNE AVENUE |
| 24 Feb 2023 | £241,614 | £240,000 | 38 HAINTON ROAD |
| 20 Feb 2023 | £201,345 | £200,000 | 445 NEWARK ROAD |
| 5 Aug 2022 | £226,057 | £225,000 | 30 LANSDOWNE AVENUE |
| 8 Jul 2022 | £232,328 | £230,000 | 21 HAINTON ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 6 Oct 2017. Using an estimated price of £225,870 means this house is valued at £1,660 per sq meter (£154 per sq foot).
The average size of a house on NEWARK ROAD is 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Newark Road |
| Jul 2024 | Anti-social behaviour | On or near Newark Road | |
| Jul 2024 | Anti-social behaviour | On or near Newark Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Newark Road |
| Jun 2024 | Anti-social behaviour | On or near Newark Road |