£171,690
This estimated value is based upon the latest sale price for the house of £169,950 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £169,950 | 28 Jun 2022 |
| £123,000 | 11 Apr 2017 |
| £109,950 | 30 Mar 2007 |
| £45,500 | 23 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £169,950 results in an estimated price of approximately £171,690.
| 28 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £169,950 | £1,740 | £171,690 |
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 | -7.323 % | £-12,446 | £157,503 |
| 3 Month Average | 3.671 % | £6,238 | £176,188 |
| 6 Month Average | 3.242 % | £5,509 | £175,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £132,447 | £132,000 | 8 ELSHAM CLOSE |
| 20 Dec 2023 | £127,410 | £125,000 | 18 ELSHAM CLOSE |
| 20 Jan 2023 | £145,720 | £147,000 | 20 SPILSBY CLOSE |
| 2 Sep 2022 | £108,678 | £110,000 | 10 ELSHAM CLOSE |
| 1 Sep 2022 | £159,065 | £161,000 | 6 SPILSBY CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 7 Nov 2016. Using an estimated price of £171,690 means this house is valued at £3,239 per sq meter (£300 per sq foot).
The average size of a house on ELSHAM CRESCENT is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spilsby Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elsham Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elsham Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Acer Close |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Harrier Court |