£287,265
This estimated value is based upon the latest sale price for the house of £220,000 on 27 Mar 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 27 Mar 2017 |
| £225,000 | 24 Oct 2006 |
| £145,350 | 26 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 March 2017 the House Price Index for LINCOLNSHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £220,000 results in an estimated price of approximately £287,265.
| 27 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £220,000 | £67,265 | £287,265 |
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 | -12.743 % | £-28,035 | £191,964 |
| 3 Month Average | 43.549 % | £95,807 | £315,807 |
| 6 Month Average | 21.116 % | £46,454 | £266,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £274,213 | £270,000 | 3 THE ALEXANDRA THE BROADWAY |
| 24 Nov 2023 | £219,317 | £213,750 | FLAT 1 STAFFORD VERE COURT THE BROADWAY |
| 28 Apr 2023 | £173,240 | £170,000 | FLAT 8 STAFFORD VERE COURT THE BROADWAY |
| 1 Feb 2023 | £166,110 | £165,000 | FLAT 3 STAFFORD VERE COURT THE BROADWAY |
| 16 Jan 2023 | £130,348 | £130,000 | 4 THE ALEXANDRA THE BROADWAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Jan 2017. Using an estimated price of £287,266 means this house is valued at £3,156 per sq meter (£293 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 | Anti-social behaviour | On or near Spa Road |