£204,715
This estimated value is based upon the latest sale price for the house of £133,000 on 21 Jul 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £133,000 | 21 Jul 2014 |
| £133,000 | 18 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 July 2014 the House Price Index for LINCOLNSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £133,000 results in an estimated price of approximately £204,715.
| 21 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £133,000 | £71,715 | £204,715 |
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 | 57.777 % | £76,842 | £209,842 |
| 3 Month Average | 50.451 % | £67,099 | £200,099 |
| 6 Month Average | 48.384 % | £64,350 | £197,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £194,186 | £192,500 | 55 GRANGE CRESCENT |
| 3 Nov 2023 | £261,642 | £255,000 | 44 GRANGE CRESCENT |
| 27 Oct 2023 | £315,158 | £308,000 | 119 GRANGE CRESCENT |
| 23 Aug 2023 | £290,235 | £285,000 | 365 HYKEHAM ROAD |
| 9 Jun 2023 | £280,624 | £275,000 | 353 HYKEHAM ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 Apr 2014. Using an estimated price of £204,716 means this house is valued at £3,198 per sq meter (£297 per sq foot).
The average size of a house on GRANGE CRESCENT is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Scarle Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Scarle Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkinson Lane |
| Jul 2024 | Vehicle crime | Under investigation | On or near Wilkinson Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilkinson Lane |