£582,200
This estimated value is based upon the latest sale price for the house of £415,000 on 30 Nov 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £415,000 | 30 Nov 2015 |
| £111,000 | 29 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,051 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 £415,000 results in an estimated price of approximately £582,200.
| 30 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £415,000 | £167,200 | £582,200 |
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 % | £-58,809 | £356,190 |
| 3 Month Average | 40.566 % | £168,348 | £583,348 |
| 6 Month Average | 32.161 % | £133,468 | £548,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £357,889 | £350,000 | 23 WOODLAND DRIVE |
| 19 Sep 2023 | £298,582 | £292,000 | 8 KIRKBY LANE |
| 2 Jun 2023 | £206,131 | £202,000 | 10 KIRKBY LANE |
| 6 Mar 2023 | £353,402 | £347,500 | 11 WOODLAND DRIVE |
| 21 Sep 2022 | £364,756 | £365,000 | THE COPSE THE BROADWAY |
This house has a floor area of 190 sq meters or 2,051 sq feet when measured on 9 Mar 2011. Using an estimated price of £582,201 means this house is valued at £3,054 per sq meter (£283 per sq foot).
The average size of a house on THE BROADWAY is 161 sq meters (1,740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Sterling Place |
| Jul 2024 | Anti-social behaviour | On or near Sterling Place | |
| Jul 2024 | Anti-social behaviour | On or near Sterling Place | |
| Jul 2024 | Anti-social behaviour | On or near Sterling Place | |
| Jun 2024 | Anti-social behaviour | On or near The Broadway |