£229,601
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£225,000 | 1 Jun 2023 |
£145,000 | 10 Jul 2014 |
£136,000 | 27 Nov 2009 |
£134,995 | 6 May 2004 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,142 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 June 2023 the House Price Index for LINCOLNSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £225,000 results in an estimated price of approximately £229,601.
1 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £225,000 | £4,601 | £229,601 |
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 | 8.604 % | £19,358 | £244,358 |
3 Month Average | 19.345 % | £43,526 | £268,526 |
6 Month Average | 9.446 % | £21,253 | £246,253 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2024 | £280,000 | £280,000 | 62 BELTON GROVE |
27 Mar 2024 | £371,711 | £366,000 | 107 BELTON LANE |
13 Mar 2024 | £319,915 | £315,000 | 56 BELTON GROVE |
29 Sep 2023 | £341,017 | £333,500 | 38 BELTON GROVE |
25 Aug 2023 | £218,949 | £215,000 | 91 BELTON LANE |
This house has a floor area of 106 sq meters or 1,142 sq feet when measured on 6 Nov 2008. Using an estimated price of £229,601 means this house is valued at £2,162 per sq meter (£200 per sq foot).
The average size of a house on BELTON GROVE is 121 sq meters (1,303 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Belton Grove |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Granta Crescent |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Granta Crescent |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Belton Lane |
Sep 2024 | Other crime | Under investigation | On or near Belton Lane |