£324,985
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 30 Oct 2020 |
| £240,000 | 29 May 2009 |
| 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 October 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £275,000 results in an estimated price of approximately £324,985.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £275,000 | £49,985 | £324,985 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 23.626 % | £64,971 | £339,971 |
| 3 Month Average | 2.835 % | £7,794 | £282,794 |
| 6 Month Average | 6.725 % | £18,493 | £293,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £290,828 | £285,000 | 2 SCHOOL LANE |
| 10 Mar 2023 | £249,161 | £245,000 | 8 WOODPECKER WAY |
| 3 Jan 2023 | £265,710 | £265,000 | ROSE COTTAGE |
| 24 Oct 2022 | £473,419 | £475,000 | TWO COTTAGES SCHOOL LANE |
| 23 Aug 2022 | £361,691 | £360,000 | 19 WOODPECKER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Low Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near School Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Low Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |