£252,395
This estimated value is based upon the latest sale price for the house of £247,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £247,000 | 1 Jun 2022 |
| £78,950 | 31 Mar 2000 |
| £67,950 | 30 May 1997 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £247,000 results in an estimated price of approximately £252,395.
| 1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £247,000 | £5,395 | £252,395 |
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 | 1.743 % | £4,305 | £251,305 |
| 3 Month Average | 23.297 % | £57,542 | £304,542 |
| 6 Month Average | 9.764 % | £24,116 | £271,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £293,003 | £284,000 | 7 BAYSDALE GROVE |
| 29 Nov 2023 | £477,111 | £465,000 | 10 GRIZEDALE CLOSE |
| 1 Jun 2022 | £252,395 | £247,000 | 9 GRIZEDALE CLOSE |
| 14 Apr 2022 | £269,730 | £260,000 | 27 LONGCLIFFE ROAD |
| 28 Feb 2022 | £264,114 | £250,000 | 8 BAYSDALE GROVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Sep 2021. Using an estimated price of £252,395 means this house is valued at £2,868 per sq meter (£266 per sq foot).
The average size of a house on GRIZEDALE CLOSE is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ryedale Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ryedale Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ryedale Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Redcliffe Road |
| Oct 2024 | Other crime | Under investigation | On or near Highcliffe Road |