£307,259
This estimated value is based upon the latest sale price for the house of £260,000 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 29 Oct 2020 |
| £218,000 | 28 Apr 2016 |
| £177,500 | 12 Nov 2010 |
| £93,000 | 15 Mar 2001 |
| £84,950 | 2 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 October 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £260,000 results in an estimated price of approximately £307,259.
| 29 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £260,000 | £47,259 | £307,259 |
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 | -1.575 % | £-4,096 | £255,903 |
| 3 Month Average | 9.535 % | £24,790 | £284,790 |
| 6 Month Average | 6.493 % | £16,881 | £276,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £357,064 | £348,000 | 14 RIVERMEAD |
| 30 Jun 2023 | £415,323 | £407,000 | 84 RIVERMEAD |
| 3 Mar 2023 | £280,688 | £276,000 | 90 RIVERMEAD |
| 12 Sep 2022 | £334,776 | £335,000 | 23 RIVERMEAD |
| 30 Sep 2021 | £244,253 | £225,000 | 126A HYKEHAM ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 29 Apr 2019. Using an estimated price of £307,259 means this house is valued at £2,983 per sq meter (£277 per sq foot).
The average size of a house on RIVERMEAD is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rivermead |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Rivermead |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rivermead |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rivermead Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rivermead Close |