£377,031
This estimated value is based upon the latest sale price for the house of £290,000 on 1 Feb 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 1 Feb 2017 |
| £225,000 | 17 Jan 2003 |
| £165,000 | 23 Nov 2001 |
| £144,000 | 2 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 February 2017 the House Price Index for LINCOLNSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £290,000 results in an estimated price of approximately £377,031.
| 1 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £290,000 | £87,031 | £377,031 |
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 | 25.570 % | £74,152 | £364,152 |
| 3 Month Average | 28.453 % | £82,513 | £372,513 |
| 6 Month Average | 23.676 % | £68,660 | £358,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £86,277 | £85,000 | 41 MEADOWLAKE CLOSE |
| 15 Nov 2023 | £182,705 | £180,000 | 6 SAMPSON CLOSE |
| 17 Jun 2022 | £104,476 | £103,000 | FLAT 5 FERGUSON HOUSE STONES LANE |
| 9 Mar 2022 | £575,126 | £555,000 | STONES PLACE LODGE SKELLINGTHORPE ROAD |
| 3 Dec 2021 | £353,554 | £330,000 | 15 MALLARD CLOSE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 1 Nov 2016.
The average size of a house on BURGHLEY CLOSE is 185 sq meters (1,999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Sampson Close | |
| Dec 2023 | Anti-social behaviour | On or near Sampson Close | |
| Dec 2023 | Anti-social behaviour | On or near Sampson Close | |
| Dec 2023 | Anti-social behaviour | On or near Sampson Close | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |