£208,683
This estimated value is based upon the latest sale price for the house of £180,000 on 9 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 9 Nov 2020 |
| £149,950 | 11 Apr 2006 |
| £48,000 | 4 Apr 1997 |
| £45,000 | 26 Jul 1995 |
| Detached |
| 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 November 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £180,000 results in an estimated price of approximately £208,683.
| 9 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £180,000 | £28,683 | £208,683 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | -24.669 % | £-44,404 | £135,595 |
| 3 Month Average | 9.339 % | £16,810 | £196,810 |
| 6 Month Average | 19.660 % | £35,387 | £215,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £181,442 | £179,000 | 62 SPILSBY ROAD |
| 6 Jun 2023 | £217,636 | £215,000 | 22 BANOVALLUM GARDENS |
| 27 Apr 2023 | £358,864 | £355,000 | 51 SPILSBY ROAD |
| 8 Jul 2022 | £195,526 | £195,000 | 33 ROMAN WAY |
| 5 Apr 2022 | £154,470 | £150,000 | 42 BANOVALLUM GARDENS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Aug 2020. Using an estimated price of £208,684 means this house is valued at £3,260 per sq meter (£302 per sq foot).
The average size of a house on ROMAN WAY is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Banovallum Gardens |
| Jan 2024 | Anti-social behaviour | On or near Clarke Court | |
| Jan 2024 | Anti-social behaviour | On or near Clarke Court | |
| Jan 2024 | Anti-social behaviour | On or near Clarke Court | |
| Dec 2023 | Anti-social behaviour | On or near Clarke Court |