£305,129
This estimated value is based upon the latest sale price for the house of £217,500 on 19 Nov 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £217,500 | 19 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 345 sq meters or 3,713 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 2015 the House Price Index for LINCOLNSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £217,500 results in an estimated price of approximately £305,129.
| 19 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £217,500 | £87,629 | £305,129 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | -14.171 % | £-30,822 | £186,677 |
| 3 Month Average | 40.566 % | £88,231 | £305,731 |
| 6 Month Average | 32.161 % | £69,950 | £287,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £629,338 | £610,000 | 5 SPA ROAD |
| 17 Mar 2023 | £508,492 | £500,000 | 11 SPA ROAD |
| 7 Oct 2022 | £149,501 | £150,000 | FLAT 2 GLENESK THE BROADWAY |
| 22 Jul 2022 | £757,591 | £750,000 | ESLAFORDE ALVERSTON AVENUE |
| 28 Jun 2022 | £475,157 | £465,000 | 1 LATCHMORE IDDESLEIGH ROAD |
This house has a floor area of 345 sq meters or 3,713 sq feet when measured on 20 Dec 2013. Using an estimated price of £305,129 means this house is valued at £884 per sq meter (£82 per sq foot).
The average size of a house on THE BROADWAY is 161 sq meters (1,740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near The Broadway | |
| Jun 2024 | Anti-social behaviour | On or near The Broadway | |
| Jun 2024 | Anti-social behaviour | On or near The Broadway | |
| Jun 2024 | Anti-social behaviour | On or near The Broadway | |
| Sep 2024 | Public order | Under investigation | On or near Spa Road |