£289,657
This estimated value is based upon the latest sale price for the house of £197,000 on 5 May 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,000 | 5 May 2015 |
| £135,000 | 13 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2015 the House Price Index for LINCOLNSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £197,000 results in an estimated price of approximately £289,657.
| 5 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £197,000 | £92,657 | £289,657 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 179.719 % | £354,045 | £551,045 |
| 3 Month Average | 53.072 % | £104,551 | £301,551 |
| 6 Month Average | 50.178 % | £98,850 | £295,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £91,653 | £90,000 | 11 CEDAR CLOSE |
| 30 Jun 2023 | £290,828 | £285,000 | 1 MILL ROAD |
| 28 Apr 2023 | £87,639 | £86,000 | 16 CEDAR CLOSE |
| 31 Mar 2023 | £183,057 | £180,000 | 49 GORDON FIELD |
| 30 Mar 2023 | £99,156 | £97,500 | 10 CEDAR CLOSE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 27 Oct 2015. Using an estimated price of £289,658 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on MILL ROAD is 91 sq meters (983 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willow Tree Drive |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Willow Tree Drive |
| Apr 2024 | Anti-social behaviour | On or near Willow Tree Drive | |
| Apr 2024 | Anti-social behaviour | On or near Willow Tree Drive | |
| Apr 2024 | Anti-social behaviour | On or near Willow Tree Drive |