£142,975
This estimated value is based upon the latest sale price for the house of £116,000 on 27 Feb 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £116,000 | 27 Feb 2020 |
| £93,000 | 6 Sep 2017 |
| £44,500 | 24 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 February 2020 the House Price Index for LINCOLNSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £116,000 results in an estimated price of approximately £142,975.
| 27 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £116,000 | £26,975 | £142,975 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 45.083 % | £52,296 | £168,296 |
| 3 Month Average | 33.125 % | £38,425 | £154,425 |
| 6 Month Average | 25.144 % | £29,166 | £145,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £136,000 | £136,000 | 3 SLATE MILL PLACE |
| 24 May 2024 | £97,000 | £97,000 | 51 MANTHORPE ROAD |
| 1 Mar 2024 | £137,107 | £135,000 | 9 PROSPECT PLACE |
| 17 Nov 2023 | £117,995 | £115,000 | 15 MANTHORPE ROAD |
| 15 Sep 2023 | £117,592 | £115,000 | 47 MANTHORPE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Mar 2017. Using an estimated price of £142,975 means this house is valued at £1,958 per sq meter (£181 per sq foot).
The average size of a house on MANTHORPE ROAD is 145 sq meters (1,566 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Under investigation | On or near Prospect Place |
| Jul 2024 | Anti-social behaviour | On or near Prospect Place | |
| Jul 2024 | Anti-social behaviour | On or near Prospect Place | |
| Jul 2024 | Anti-social behaviour | On or near Prospect Place | |
| Jul 2024 | Anti-social behaviour | On or near Prospect Place |