£259,330
This estimated value is based upon the latest sale price for the house of £255,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £255,000 | 31 Mar 2023 |
| £141,000 | 18 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 March 2023 the House Price Index for LINCOLNSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £255,000 results in an estimated price of approximately £259,330.
| 31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £255,000 | £4,330 | £259,330 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -3.481 % | £-8,877 | £246,122 |
| 3 Month Average | 3.234 % | £8,246 | £263,246 |
| 6 Month Average | -3.602 % | £-9,184 | £245,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £250,000 | £250,000 | 22 ORCHARD CLOSE |
| 15 Mar 2024 | £172,653 | £170,000 | 3 PARSONS HALT |
| 21 Apr 2023 | £264,956 | £260,000 | 5 ORCHARD CLOSE |
| 31 Mar 2023 | £259,331 | £255,000 | 5 STATION APPROACH |
| 28 Jun 2022 | £117,512 | £115,000 | 17 STATION APPROACH |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Jan 2013. Using an estimated price of £259,331 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on STATION APPROACH is 70 sq meters (753 sq feet).
This house is the largest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near La Ferte Bernard Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near La Ferte Bernard Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ramsgate Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ramsgate Road |