£195,020
This estimated value is based upon the latest sale price for the house of £144,950 on 16 Jun 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £144,950 | 16 Jun 2016 |
| £110,000 | 5 Nov 2010 |
| £45,000 | 13 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 June 2016 the House Price Index for LINCOLNSHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £144,950 results in an estimated price of approximately £195,020.
| 16 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £144,950 | £50,070 | £195,020 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 11.241 % | £16,294 | £161,244 |
| 3 Month Average | 17.114 % | £24,807 | £169,757 |
| 6 Month Average | 21.680 % | £31,425 | £176,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £186,230 | £182,000 | 15 HEYSHAM CLOSE |
| 22 Aug 2023 | £320,786 | £315,000 | 60 CHILTERN ROAD |
| 14 Apr 2023 | £178,336 | £175,000 | 2 CAMDON CLOSE |
| 31 Mar 2023 | £152,548 | £150,000 | 17 GLENDON CLOSE |
| 27 Mar 2023 | £144,412 | £142,000 | 18 LANNIMORE CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 11 Jan 2017. Using an estimated price of £195,021 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on CHILTERN ROAD is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Glendon Close |
| Sep 2024 | Other crime | Under investigation | On or near Heysham Close |
| Aug 2024 | Anti-social behaviour | On or near Heysham Close | |
| Aug 2024 | Anti-social behaviour | On or near Heysham Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mendip Close |