£250,522
This estimated value is based upon the latest sale price for the house of £245,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 15 Sep 2023 |
| £205,000 | 18 May 2020 |
| £15,000 | 21 Sep 2000 |
| £56,500 | 23 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £245,000 results in an estimated price of approximately £250,522.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £245,000 | £5,522 | £250,522 |
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 | -5.647 % | £-13,834 | £231,165 |
| 3 Month Average | 2.007 % | £4,916 | £249,916 |
| 6 Month Average | 4.249 % | £10,409 | £255,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £250,523 | £245,000 | 56 LILFORD ROAD |
| 11 Aug 2023 | £254,541 | £249,950 | 5 FAWSLEY CLOSE |
| 15 Mar 2023 | £152,548 | £150,000 | 3 HOLDENBY ROAD |
| 17 Oct 2022 | £264,118 | £265,000 | 21 LILFORD ROAD |
| 19 Apr 2022 | £256,762 | £247,500 | 25 HALE CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Mar 2019. Using an estimated price of £250,523 means this house is valued at £2,947 per sq meter (£273 per sq foot).
The average size of a house on LILFORD ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chesney Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bunkers Hill |
| Jun 2024 | Anti-social behaviour | On or near Bunkers Hill | |
| Jun 2024 | Anti-social behaviour | On or near Bunkers Hill | |
| Jun 2024 | Anti-social behaviour | On or near Bunkers Hill |