£257,804
This estimated value is based upon the latest sale price for the house of £218,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £218,000 | 25 Sep 2020 |
| £60,000 | 7 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for LINCOLNSHIRE was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £218,000 results in an estimated price of approximately £257,804.
| 25 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £218,000 | £39,804 | £257,804 |
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 | 109.930 % | £239,647 | £457,647 |
| 3 Month Average | 3.619 % | £7,889 | £225,889 |
| 6 Month Average | 8.309 % | £18,114 | £236,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £142,983 | £142,500 | APARTMENT 7 547 NEWARK ROAD |
| 9 Jan 2023 | £272,605 | £275,000 | 15 TOYNTON CLOSE |
| 16 Sep 2022 | £311,215 | £315,000 | 418 NEWARK ROAD |
| 23 Aug 2022 | £372,483 | £375,000 | 29 TOYNTON CLOSE |
| 15 Jul 2022 | £194,737 | £195,000 | 4 GREGG HALL CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Jan 2019. Using an estimated price of £257,804 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on GREGG HALL CRESCENT is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregg Hall Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B1190 |