£309,388
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Apr 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 30 Apr 2012 |
| £225,000 | 1 Apr 2009 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 April 2012 the House Price Index for LINCOLNSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £180,000 results in an estimated price of approximately £309,388.
| 30 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £180,000 | £129,388 | £309,388 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 134.350 % | £241,830 | £421,830 |
| 3 Month Average | 100.580 % | £181,044 | £361,044 |
| 6 Month Average | 78.098 % | £140,576 | £320,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £97,000 | £97,000 | 51 MANTHORPE ROAD |
| 1 Mar 2024 | £137,107 | £135,000 | 9 PROSPECT PLACE |
| 17 Nov 2023 | £117,995 | £115,000 | 15 MANTHORPE ROAD |
| 3 Nov 2023 | £215,469 | £210,000 | 6 GLADSTONE TERRACE |
| 15 Sep 2023 | £117,592 | £115,000 | 47 MANTHORPE ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 2 Nov 2018. Using an estimated price of £309,389 means this house is valued at £2,048 per sq meter (£190 per sq foot).
The average size of a house on LODGE WAY is 118 sq meters (1,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lodge Way |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Lodge Way |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Slate Mill Place |
| Oct 2024 | Anti-social behaviour | On or near Slate Mill Place | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Slate Mill Place |