£147,158
This estimated value is based upon the latest sale price for the house of £120,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 1 Oct 2019 |
| £82,500 | 14 Dec 2005 |
| £53,250 | 24 Jan 2003 |
| £42,000 | 22 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 October 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £120,000 results in an estimated price of approximately £147,158.
| 1 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £120,000 | £27,158 | £147,158 |
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 | 5.627 % | £6,752 | £126,752 |
| 3 Month Average | 9.647 % | £11,575 | £131,575 |
| 6 Month Average | 9.800 % | £11,760 | £131,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £157,115 | £155,000 | 6 GAINSBOROUGH GARDENS |
| 31 Mar 2023 | £176,664 | £175,000 | 149 MOORLAND AVENUE |
| 31 Mar 2023 | £181,712 | £180,000 | 8 GAINSBOROUGH GARDENS |
| 30 Jan 2023 | £99,531 | £100,000 | 78 TURNER AVENUE |
| 11 Jul 2022 | £93,251 | £93,000 | 82 TURNER AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 May 2017. Using an estimated price of £147,159 means this house is valued at £2,412 per sq meter (£224 per sq foot).
The average size of a house on MOORLAND CRESCENT is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moorland Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moorland Crescent |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Moorland Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorland Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorland Crescent |