£224,499
This estimated value is based upon the latest sale price for the house of £223,000 on 3 Feb 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £223,000 | 3 Feb 2023 |
| £109,000 | 22 Dec 2006 |
| £115,000 | 31 Oct 2006 |
| £95,000 | 22 Oct 2004 |
| Detached |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2023 the House Price Index for LINCOLNSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £223,000 results in an estimated price of approximately £224,499.
| 3 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £223,000 | £1,499 | £224,499 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -42.214 % | £-94,136 | £128,863 |
| 3 Month Average | -1.024 % | £-2,283 | £220,716 |
| 6 Month Average | 0.124 % | £275 | £223,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £230,072 | £225,000 | 32 KIRKSTALL CLOSE |
| 30 Aug 2023 | £227,096 | £223,000 | 3 KIRKSTALL CLOSE |
| 28 Apr 2023 | £234,384 | £230,000 | 4 LELAND CLOSE |
| 1 Mar 2023 | £233,906 | £230,000 | 10 STUKELEY CLOSE |
| 3 Feb 2023 | £224,500 | £223,000 | 21 FLAXLEY CLOSE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 16 Aug 2021. Using an estimated price of £224,500 means this house is valued at £4,490 per sq meter (£417 per sq foot).
The average size of a house on FLAXLEY CLOSE is 93 sq meters (1,003 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Flaxley Close |
| Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Flaxley Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byland Close |
| Aug 2024 | Anti-social behaviour | On or near Sympson Close |