£168,764
This estimated value is based upon the latest sale price for the house of £89,500 on 14 Dec 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Tower Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £89,500 | 14 Dec 2004 |
| £49,950 | 14 Sep 2001 |
| Semi-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 December 2004 the House Price Index for LINCOLNSHIRE was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £89,500 results in an estimated price of approximately £168,764.
| 14 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £89,500 | £79,264 | £168,764 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 29.862 % | £26,726 | £116,226 |
| 3 Month Average | 70.239 % | £62,864 | £152,364 |
| 6 Month Average | 64.927 % | £58,109 | £147,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £131,954 | £130,000 | 41 TOWER CRESCENT |
| 14 Nov 2023 | £103,533 | £102,000 | 5 SHERBROOKE STREET |
| 7 Nov 2023 | £137,029 | £135,000 | 14 TOWER DRIVE |
| 22 Sep 2023 | £167,137 | £165,000 | 36 BATHURST STREET |
| 24 Aug 2023 | £151,324 | £150,000 | 34 BATHURST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Tower Gardens |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Tower Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Tower Gardens |
| Mar 2024 | Burglary | Under investigation | On or near Tower Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tower Gardens |