£272,728
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£220,000 | 30 Aug 2019 |
£71,500 | 5 Nov 1999 |
Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 August 2019 the House Price Index for LINCOLNSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £220,000 results in an estimated price of approximately £272,728.
30 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £220,000 | £52,728 | £272,728 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | 219.086 % | £481,989 | £701,989 |
3 Month Average | 39.708 % | £87,357 | £307,357 |
6 Month Average | 30.854 % | £67,878 | £287,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £204,778 | £203,000 | 39 ST ANDREWS WALK |
30 Nov 2023 | £368,350 | £359,000 | 27 FOREST PINES LANE |
14 Jun 2023 | £306,135 | £300,000 | 2 GLENEAGLES DRIVE |
26 Aug 2022 | £346,621 | £345,000 | 1 ST ANDREWS WALK |
24 Aug 2022 | £386,809 | £385,000 | 6 FOREST PINES LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 May 2019. Using an estimated price of £272,728 means this house is valued at £3,952 per sq meter (£367 per sq foot).
The average size of a house on FOREST PINES LANE is 104 sq meters (1,123 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Witham Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Troon Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Troon Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Drive |