£273,105
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Nov 2018 |
| £106,650 | 31 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £220,000 results in an estimated price of approximately £273,105.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £220,000 | £53,105 | £273,105 |
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 | 189.863 % | £417,699 | £637,699 |
| 3 Month Average | 31.939 % | £70,265 | £290,265 |
| 6 Month Average | 30.314 % | £66,690 | £286,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £312,716 | £310,000 | 24 MALLARD WAY |
| 7 Aug 2023 | £283,106 | £278,000 | 2 KINGFISHER DRIVE |
| 28 Apr 2023 | £259,860 | £255,000 | 8 WETHERBY CLOSE |
| 21 Apr 2023 | £122,691 | £120,396 | AUBENA LEGSBY ROAD |
| 14 Apr 2023 | £300,623 | £295,000 | THE HOLLIES, 76A WILLINGHAM ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 31 May 2017. Using an estimated price of £273,105 means this house is valued at £1,950 per sq meter (£181 per sq foot).
The average size of a house on LEGSBY ROAD is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Legsby Road | |
| May 2024 | Anti-social behaviour | On or near Legsby Road | |
| May 2024 | Anti-social behaviour | On or near Legsby Road | |
| May 2024 | Anti-social behaviour | On or near Legsby Road | |
| Jun 2024 | Anti-social behaviour | On or near Willingham Road |