£282,359
This estimated value is based upon the latest sale price for the house of £180,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 4 Apr 2014 |
| £185,000 | 24 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,255 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 April 2014 the House Price Index for LINCOLNSHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £180,000 results in an estimated price of approximately £282,359.
| 4 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £180,000 | £102,359 | £282,359 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 27.777 % | £49,997 | £229,997 |
| 3 Month Average | 40.708 % | £73,274 | £253,274 |
| 6 Month Average | 45.577 % | £82,039 | £262,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £230,072 | £225,000 | 32 KIRKSTALL CLOSE |
| 30 Aug 2023 | £227,096 | £223,000 | 3 KIRKSTALL CLOSE |
| 29 Jun 2023 | £118,372 | £116,000 | 28 FLAXLEY ROAD |
| 28 Apr 2023 | £366,862 | £360,000 | 41 FLAXLEY ROAD |
| 26 Sep 2022 | £209,860 | £210,000 | 15 FLAXLEY ROAD |
This house has a floor area of 116 sq meters or 1,255 sq feet when measured on 23 Sep 2010. Using an estimated price of £282,360 means this house is valued at £2,420 per sq meter (£224 per sq foot).
The average size of a house on FLAXLEY ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Flaxley Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Byland Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Flaxley Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gabriel Crescent |