£189,168
This estimated value is based upon the latest sale price for the house of £153,750 on 24 Jan 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £153,750 | 24 Jan 2019 |
| £54,000 | 16 May 1997 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2019 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £153,750 results in an estimated price of approximately £189,168.
| 24 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £153,750 | £35,418 | £189,168 |
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 | 13.188 % | £20,276 | £174,026 |
| 3 Month Average | 11.229 % | £17,265 | £171,015 |
| 6 Month Average | 16.901 % | £25,985 | £179,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2022 | £216,736 | £210,000 | 5 BETULA GROVE |
| 10 Dec 2021 | £224,081 | £210,000 | 38 ACER CLOSE |
| 2 Dec 2021 | £234,751 | £220,000 | 14 WORCESTER CLOSE |
| 27 May 2021 | £196,958 | £175,000 | 61 BAKER CRESCENT |
| 18 Dec 2020 | £171,462 | £150,000 | 63 BAKER CRESCENT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 11 Nov 2018. Using an estimated price of £189,169 means this house is valued at £2,556 per sq meter (£237 per sq foot).
There is one other house on the street which we know the size of, this is 1 DOULTON CLOSE it is 63.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Acer Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Ash Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ash Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spilsby Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elsham Close |