£438,150
This estimated value is based upon the latest sale price for the house of £345,000 on 8 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 8 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £345,000 results in an estimated price of approximately £438,150.
| 8 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £345,000 | £93,150 | £438,150 |
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 | -9.941 % | £-34,295 | £310,704 |
| 3 Month Average | 33.950 % | £117,127 | £462,127 |
| 6 Month Average | 17.970 % | £61,995 | £406,995 |
| 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 |
| 18 Nov 2022 | £889,852 | £894,013 | THE HIVE CORONATION ROAD |
| 7 Oct 2022 | £149,501 | £150,000 | FLAT 2 GLENESK THE BROADWAY |
| 22 Jul 2022 | £757,591 | £750,000 | ESLAFORDE ALVERSTON AVENUE |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 23 May 2017. Using an estimated price of £438,150 means this house is valued at £2,212 per sq meter (£205 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 | Anti-social behaviour | On or near Spa Road | |
| Sep 2024 | Public order | Under investigation | On or near Spa Road |
| Jun 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Anti-social behaviour | On or near The Broadway | |
| Jun 2024 | Anti-social behaviour | On or near The Broadway |