£640,592
This estimated value is based upon the latest sale price for the house of £539,500 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£539,500 | 18 Sep 2020 |
Detached |
Freehold |
Floor Area: 250 sq meters or 2,690 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 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £539,500 results in an estimated price of approximately £640,592.
18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £539,500 | £101,092 | £640,592 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -28.915 % | £-155,997 | £383,502 |
3 Month Average | 14.079 % | £75,954 | £615,454 |
6 Month Average | 12.773 % | £68,909 | £608,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £423,703 | £418,000 | 11 BLUE STONE RISE |
14 Sep 2022 | £391,836 | £395,000 | 1 LINDA CRESCENT |
22 Jul 2022 | £360,972 | £360,000 | 5 JULIAN BOWER |
4 Apr 2022 | £437,665 | £425,000 | 1 ST JAMES VIEW |
11 Feb 2022 | £317,230 | £302,500 | 8 VANESSA ROAD |
This house has a floor area of 250 sq meters or 2,690 sq feet when measured on 24 Aug 2020. Using an estimated price of £640,592 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on SAXON WAY is 325 sq meters (3,498 sq feet).
This house is the largest in the street with a floor area of 250 sq meters (2,690 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Primrose Hollow | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Primrose Hollow |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Edward Street |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Edward Street |