£128,063
This estimated value is based upon the latest sale price for the house of £60,000 on 23 Feb 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 23 Feb 2004 |
| £22,000 | 9 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 February 2004 the House Price Index for LINCOLNSHIRE was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £60,000 results in an estimated price of approximately £128,063.
| 23 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £60,000 | £68,063 | £128,063 |
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 | 86.926 % | £52,155 | £112,155 |
| 3 Month Average | 99.342 % | £59,605 | £119,605 |
| 6 Month Average | 94.521 % | £56,712 | £116,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £137,107 | £135,000 | 75 WALFORD DRIVE |
| 9 Nov 2023 | £213,930 | £208,500 | 179 MOORLAND AVENUE |
| 27 Oct 2023 | £87,999 | £86,000 | 13 LEIGHTON CRESCENT |
| 2 Jun 2023 | £96,943 | £95,000 | 22 KENNER CLOSE |
| 6 Apr 2023 | £157,954 | £155,000 | 70 WALFORD DRIVE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 27 Aug 2020. Using an estimated price of £128,064 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on KENNER CLOSE is 84 sq meters (907 sq feet).