£203,915
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 30 Sep 2021 |
| £66,500 | 15 Jun 2001 |
| £49,950 | 17 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £190,000 results in an estimated price of approximately £203,915.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £190,000 | £13,915 | £203,915 |
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 | 9.498 % | £18,047 | £208,047 |
| 3 Month Average | 11.929 % | £22,665 | £212,665 |
| 6 Month Average | 6.981 % | £13,263 | £203,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £320,110 | £316,000 | 103 KINGSCLIFFE ROAD |
| 4 Mar 2022 | £224,477 | £217,500 | 18 ABBEYDALE CRESCENT |
| 9 Feb 2022 | £283,049 | £271,000 | 17 NORTHCLIFFE ROAD |
| 8 Feb 2022 | £237,092 | £227,000 | 52 SANDCLIFFE ROAD |
| 4 Feb 2022 | £367,650 | £352,000 | 107 KINGSCLIFFE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 17 Dec 2020. Using an estimated price of £203,916 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on FARNDALE CRESCENT is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Abbeydale Crescent |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Darley Dale Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westerdale Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westerdale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westerdale Road |