£221,043
This estimated value is based upon the latest sale price for the house of £215,285 on 6 May 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,285 | 6 May 2022 |
| £125,000 | 20 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2022 the House Price Index for LINCOLNSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £215,285 results in an estimated price of approximately £221,043.
| 6 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £215,285 | £5,758 | £221,043 |
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 | 12.721 % | £27,385 | £242,670 |
| 3 Month Average | 4.399 % | £9,470 | £224,755 |
| 6 Month Average | 1.271 % | £2,735 | £218,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £201,752 | £200,000 | 1 WOODVALE AVENUE |
| 30 Oct 2023 | £164,230 | £160,500 | 1 KELSTERN ROAD |
| 20 Jun 2022 | £237,578 | £232,500 | 4 BRIGG GROVE |
| 17 Jun 2022 | £220,207 | £215,500 | 17 KELSTERN ROAD |
| 10 Jun 2022 | £173,713 | £170,000 | 14 KELSTERN CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Nov 2021. Using an estimated price of £221,044 means this house is valued at £2,833 per sq meter (£263 per sq foot).
The average size of a house on SHAWBURY CLOSE is 68 sq meters (740 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shawbury Close |
| Aug 2024 | Public order | Under investigation | On or near Brigg Grove |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Brigg Grove |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodvale Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Kelstern Close |