£349,210
This estimated value is based upon the latest sale price for the house of £235,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 16 Jan 2015 |
| £215,000 | 19 Jul 2013 |
| £242,000 | 27 Jul 2006 |
| £180,000 | 4 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
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 2015 the House Price Index for LINCOLNSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £235,000 results in an estimated price of approximately £349,210.
| 16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £235,000 | £114,210 | £349,210 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 39.294 % | £92,341 | £327,341 |
| 3 Month Average | 27.599 % | £64,858 | £299,858 |
| 6 Month Average | 31.806 % | £74,743 | £309,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £100,000 | £100,000 | 16 MARINE POINT APARTMENTS MARINE APPROACH |
| 17 Apr 2023 | £176,905 | £175,000 | 10 MARINE POINT APARTMENTS MARINE APPROACH |
| 10 Mar 2023 | £262,473 | £260,000 | 8 PARK LANE |
| 28 Nov 2022 | £350,751 | £355,000 | 76 PARK LANE |
| 31 Aug 2022 | £239,356 | £240,000 | 2 MARINE POINT APARTMENTS MARINE APPROACH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ellisons Quay |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marina Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marina Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Vehicle crime | Under investigation | On or near Bay Willow Road |