£216,211
This estimated value is based upon the latest sale price for the house of £174,950 on 10 Dec 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £174,950 | 10 Dec 2019 |
| £135,000 | 8 Aug 2008 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 777 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 December 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £174,950 results in an estimated price of approximately £216,211.
| 10 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £174,950 | £41,261 | £216,211 |
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 | -0.567 % | £-992 | £173,957 |
| 3 Month Average | 12.853 % | £22,486 | £197,436 |
| 6 Month Average | 9.640 % | £16,864 | £191,814 |
| 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 |
| 23 Sep 2022 | £214,856 | £215,000 | 2 GLENTHAM CLOSE |
| 7 Jun 2022 | £183,932 | £180,000 | 13 GRANGE CRESCENT |
| 12 May 2022 | £210,484 | £205,000 | 66 GRANGE CRESCENT |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 1 Oct 2010. Using an estimated price of £216,211 means this house is valued at £2,991 per sq meter (£277 per sq foot).
The average size of a house on GRANGE CRESCENT is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glentham Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glentham Close |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Scarle Close |
| Oct 2024 | Public order | Under investigation | On or near Wilkinson Lane |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilkinson Lane |