£162,292
This estimated value is based upon the latest sale price for the house of £121,000 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £121,000 | 19 Aug 2016 |
| £115,000 | 29 Nov 2013 |
| £108,995 | 26 Mar 2010 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 August 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £121,000 results in an estimated price of approximately £162,292.
| 19 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £121,000 | £41,292 | £162,292 |
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 | 27.199 % | £32,911 | £153,911 |
| 3 Month Average | 28.039 % | £33,926 | £154,926 |
| 6 Month Average | 27.842 % | £33,689 | £154,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £168,835 | £165,000 | 21 PINEWOOD CRESCENT |
| 11 Apr 2023 | £183,737 | £180,300 | 35 PINEWOOD CRESCENT |
| 10 Mar 2023 | £213,567 | £210,000 | 7 IVYWOOD CLOSE |
| 1 Mar 2023 | £167,802 | £165,000 | 9 LIMEBERRY PLACE |
| 11 Aug 2022 | £169,292 | £168,500 | 1 LIMEBERRY PLACE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Mar 2016. Using an estimated price of £162,293 means this house is valued at £2,535 per sq meter (£235 per sq foot).
The average size of a house on IVYWOOD CLOSE is 93 sq meters (1,003 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Pinewood Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Pinewood Crescent | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Limeberry Place |
| Aug 2024 | Anti-social behaviour | On or near Limeberry Place | |
| Aug 2024 | Anti-social behaviour | On or near Limeberry Place |