£167,722
This estimated value is based upon the latest sale price for the house of £40,750 on 5 Nov 1999. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £40,750 | 5 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 1999 the House Price Index for LINCOLNSHIRE was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £40,750 results in an estimated price of approximately £167,722.
| 5 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £40,750 | £126,972 | £167,722 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 500.214 % | £203,837 | £244,587 |
| 3 Month Average | 299.561 % | £122,071 | £162,821 |
| 6 Month Average | 309.766 % | £126,229 | £166,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2024 | £180,000 | £180,000 | 86 TENNYSON GARDENS |
| 9 Oct 2023 | £327,437 | £320,000 | 73 MAREHAM ROAD |
| 28 Jun 2023 | £178,579 | £175,000 | 18 THOMAS GIBSON DRIVE |
| 15 Mar 2023 | £198,312 | £195,000 | 38 THOMAS GIBSON DRIVE |
| 27 Jul 2022 | £175,256 | £173,500 | 3 WHELPTON CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Oct 2013. Using an estimated price of £167,722 means this house is valued at £1,884 per sq meter (£175 per sq foot).
The average size of a house on MAREHAM ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mareham Road |
| Aug 2024 | Anti-social behaviour | On or near Mareham Road | |
| Aug 2024 | Anti-social behaviour | On or near Mareham Road | |
| Aug 2024 | Anti-social behaviour | On or near Mareham Road | |
| Sep 2024 | Anti-social behaviour | On or near Whelpton Close |