£271,806
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 30 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 41 sq meters or 441 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 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £230,000 results in an estimated price of approximately £271,806.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £230,000 | £41,806 | £271,806 |
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 | 9.354 % | £21,514 | £251,514 |
| 3 Month Average | 10.718 % | £24,652 | £254,652 |
| 6 Month Average | 6.442 % | £14,817 | £244,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £111,716 | £110,000 | 21 MUIRFIELD CLOSE |
| 26 Jun 2023 | £198,988 | £195,000 | 16 WALTHAM ROAD |
| 6 Jun 2023 | £135,720 | £133,000 | 23 MUIRFIELD CLOSE |
| 23 Mar 2023 | £198,312 | £195,000 | 28 WALTHAM ROAD |
| 17 Mar 2023 | £166,785 | £164,000 | 8 GRAVELEY CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 3 Jul 2013. Using an estimated price of £271,806 means this house is valued at £6,629 per sq meter (£615 per sq foot).
The average size of a house on CHEDBURGH CLOSE is 86 sq meters (934 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Witchford Close |
| Jun 2024 | Anti-social behaviour | On or near Elvington Close | |
| Jun 2024 | Anti-social behaviour | On or near Elvington Close | |
| Jun 2024 | Anti-social behaviour | On or near Elvington Close | |
| Jun 2024 | Anti-social behaviour | On or near Elvington Close |