£223,469
This estimated value is based upon the latest sale price for the house of £185,000 on 18 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 18 Aug 2020 |
| £160,000 | 7 Oct 2016 |
| £129,000 | 8 Nov 2012 |
| £130,495 | 28 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £185,000 results in an estimated price of approximately £223,469.
| 18 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £185,000 | £38,469 | £223,469 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 10.728 % | £19,846 | £204,846 |
| 3 Month Average | 6.275 % | £11,609 | £196,609 |
| 6 Month Average | 3.310 % | £6,122 | £191,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £168,835 | £165,000 | 33 CARRAM WAY |
| 27 Mar 2023 | £271,535 | £267,000 | 36 CARRAM WAY |
| 28 Feb 2022 | £127,831 | £121,000 | 50 CARRAM WAY |
| 28 Jan 2022 | £307,458 | £290,000 | 17 CARRAM WAY |
| 24 Sep 2021 | £151,980 | £140,000 | 8 DORRIGAN CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Jan 2020. Using an estimated price of £223,469 means this house is valued at £2,864 per sq meter (£266 per sq foot).
The average size of a house on MADDEN CLOSE is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorrigan Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |