£710,777
This estimated value is based upon the latest sale price for the house of £445,000 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £445,000 | 31 Jan 2014 |
| £480,000 | 15 Apr 2011 |
| £420,000 | 17 Nov 2008 |
| 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 January 2014 the House Price Index for LINCOLNSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £445,000 results in an estimated price of approximately £710,777.
| 31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £445,000 | £265,777 | £710,777 |
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 | 43.710 % | £194,510 | £639,510 |
| 3 Month Average | 57.032 % | £253,792 | £698,792 |
| 6 Month Average | 30.142 % | £134,132 | £579,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £162,404 | £160,000 | 2 CHURCH LANE |
| 10 Nov 2023 | £134,491 | £132,500 | 6 EASTFIELDS |
| 18 Aug 2023 | £428,751 | £425,000 | BALLINURE HIGH STREET |
| 24 Jul 2023 | £116,569 | £115,000 | 5 EASTFIELDS |
| 14 Jul 2022 | £376,012 | £375,000 | HOLME CROSS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Local resolution | On or near Pingle Leys |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southmoor Lane |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Middlefield Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paddock Chase |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Glentham Court |