£215,311
This estimated value is based upon the latest sale price for the house of £142,000 on 15 Sep 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 15 Sep 2014 |
| £98,000 | 1 Jan 2001 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2014 the House Price Index for LINCOLNSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £142,000 results in an estimated price of approximately £215,311.
| 15 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £142,000 | £73,311 | £215,311 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 28.637 % | £40,664 | £182,664 |
| 3 Month Average | 48.541 % | £68,928 | £210,928 |
| 6 Month Average | 43.180 % | £61,315 | £203,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £194,186 | £192,500 | 55 GRANGE CRESCENT |
| 3 Nov 2023 | £261,642 | £255,000 | 44 GRANGE CRESCENT |
| 23 Sep 2022 | £214,856 | £215,000 | 2 GLENTHAM CLOSE |
| 7 Jun 2022 | £183,932 | £180,000 | 13 GRANGE CRESCENT |
| 12 May 2022 | £210,484 | £205,000 | 66 GRANGE CRESCENT |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 29 May 2014. Using an estimated price of £215,312 means this house is valued at £3,588 per sq meter (£333 per sq foot).
The average size of a house on GRANGE CRESCENT is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glentham Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glentham Close |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Scarle Close |
| Oct 2024 | Public order | Under investigation | On or near Wilkinson Lane |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkinson Lane |