£263,101
This estimated value is based upon the latest sale price for the house of £156,500 on 12 Sep 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £156,500 | 12 Sep 2012 |
| £152,000 | 3 Jul 2009 |
| £150,000 | 10 Feb 2006 |
| £58,500 | 29 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,013 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 September 2012 the House Price Index for LINCOLNSHIRE was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.116%.Applying this 68.116% change to the original purchase price of £156,500 results in an estimated price of approximately £263,101.
| 12 Sep 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.116 % | £156,500 | £106,601 | £263,101 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 35.345 % | £55,314 | £211,814 |
| 3 Month Average | 52.316 % | £81,874 | £238,374 |
| 6 Month Average | 58.379 % | £91,362 | £247,862 |
This house has a floor area of 94 sq meters or 1,013 sq feet when measured on 6 Oct 2011.
The average size of a house on PRIMROSE WAY is 129 sq meters (1,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Somerby Grove | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Somerby Grove |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Somerby Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pasture Close |
| Mar 2024 | Anti-social behaviour | On or near Hillside Crescent |