£241,858
This estimated value is based upon the latest sale price for the house of £193,000 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £193,000 | 18 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2018 the House Price Index for LINCOLNSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £193,000 results in an estimated price of approximately £241,858.
| 18 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £193,000 | £48,858 | £241,858 |
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 | -4.236 % | £-8,175 | £184,824 |
| 3 Month Average | 21.364 % | £41,232 | £234,232 |
| 6 Month Average | 18.686 % | £36,063 | £229,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £194,186 | £192,500 | 55 GRANGE CRESCENT |
| 19 Apr 2024 | £342,978 | £340,000 | 322 HYKEHAM ROAD |
| 27 Oct 2023 | £315,158 | £308,000 | 119 GRANGE CRESCENT |
| 23 Aug 2023 | £290,235 | £285,000 | 365 HYKEHAM ROAD |
| 27 Mar 2023 | £294,925 | £290,000 | 121 GRANGE CRESCENT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 27 Mar 2018. Using an estimated price of £241,858 means this house is valued at £2,493 per sq meter (£231 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 |
| 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 |
| Oct 2024 | Public order | Under investigation | On or near Wilkinson Lane |
| Jul 2024 | Vehicle crime | Under investigation | On or near Wilkinson Lane |