£321,430
This estimated value is based upon the latest sale price for the house of £121,000 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £121,000 | 25 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 October 2002 the House Price Index for LINCOLNSHIRE was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £121,000 results in an estimated price of approximately £321,430.
| 25 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £121,000 | £200,430 | £321,430 |
The Postcode Pricing Model uses changes in average sales price within the LN13 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 | 196.058 % | £237,230 | £358,230 |
| 3 Month Average | 146.059 % | £176,731 | £297,731 |
| 6 Month Average | 143.585 % | £173,737 | £294,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £240,000 | £240,000 | 41 STATION ROAD |
| 1 Mar 2024 | £330,070 | £324,999 | 1 STATION ROAD |
| 31 Mar 2023 | £264,416 | £260,000 | 5 COLES AVENUE |
| 17 Jun 2022 | £245,242 | £240,000 | 19 COLES AVENUE |
| 26 Apr 2022 | £363,098 | £350,000 | 6 COLES AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 12 Jul 2018. Using an estimated price of £321,430 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on STATION ROAD is 122 sq meters (1,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Stephenson Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Stephenson Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coles Avenue |
| Jul 2024 | Anti-social behaviour | On or near Coles Avenue |