£710,602
This estimated value is based upon the latest sale price for the house of £290,000 on 17 Feb 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 17 Feb 2003 |
| Detached |
| Freehold |
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 February 2003 the House Price Index for LINCOLNSHIRE was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £290,000 results in an estimated price of approximately £710,602.
| 17 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £290,000 | £420,602 | £710,602 |
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 | 175.752 % | £509,681 | £799,681 |
| 3 Month Average | 199.683 % | £579,080 | £869,080 |
| 6 Month Average | 133.907 % | £388,330 | £678,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £375,560 | £370,000 | 16 COW LANE |
| 21 Apr 2022 | £406,771 | £395,000 | 8 KINGSWAY |
| 10 Jan 2022 | £357,819 | £340,000 | 12 COW LANE |
| 4 Jan 2022 | £163,123 | £155,000 | 6 CAISTOR LANE |
| 5 Nov 2021 | £1,351,892 | £1,250,000 | GARDEN COTTAGE BECK HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Smooting |
| Feb 2024 | Vehicle crime | Under investigation | On or near Cow Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caistor Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caistor Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |