£333,866
This estimated value is based upon the latest sale price for the house of £185,000 on 24 Aug 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£185,000 | 24 Aug 2009 |
£179,995 | 28 Jul 2003 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,185 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 2009 the House Price Index for LINCOLNSHIRE was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £185,000 results in an estimated price of approximately £333,866.
24 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 148.6 | 80.468 % | £185,000 | £148,866 | £333,866 |
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 | 42.338 % | £78,325 | £263,325 |
3 Month Average | 60.192 % | £111,354 | £296,354 |
6 Month Average | 58.155 % | £107,585 | £292,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £353,230 | £348,000 | 14 RIVERMEAD |
17 Jul 2023 | £248,342 | £245,000 | 161 HYKEHAM ROAD |
7 Jul 2023 | £238,206 | £235,000 | 197 HYKEHAM ROAD |
6 Jul 2023 | £299,025 | £295,000 | 166 HYKEHAM ROAD |
30 Jun 2023 | £411,990 | £407,000 | 84 RIVERMEAD |
This house has a floor area of 110 sq meters or 1,185 sq feet when measured on 29 May 2009. Using an estimated price of £333,867 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on RIVERMEAD is 111 sq meters (1,198 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rivermead |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rivermead |
Feb 2024 | Burglary | Under investigation | On or near Hykeham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Drive |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Manor Leas Close |