£396,906
This estimated value is based upon the latest sale price for the house of £206,000 on 3 Aug 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £206,000 | 3 Aug 2004 |
| £206,000 | 3 Aug 2004 |
| £90,000 | 19 Nov 1999 |
| 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 August 2004 the House Price Index for LINCOLNSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £206,000 results in an estimated price of approximately £396,906.
| 3 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £206,000 | £190,906 | £396,906 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 64.182 % | £132,215 | £338,215 |
| 3 Month Average | 73.457 % | £151,321 | £357,321 |
| 6 Month Average | 78.166 % | £161,022 | £367,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £302,648 | £300,000 | 22 HIGH STREET |
| 10 Mar 2023 | £711,705 | £705,000 | NEWTONS FARM NEWARK ROAD |
| 16 Feb 2023 | £249,831 | £249,999 | 47 MANOR ROAD |
| 16 Sep 2022 | £426,555 | £430,000 | 31 HIGH STREET |
| 13 Jul 2022 | £566,525 | £565,000 | 42 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Folly Lane |
| Jan 2024 | Anti-social behaviour | On or near Meadow View | |
| Jan 2024 | Anti-social behaviour | On or near Meadow View | |
| Jan 2024 | Anti-social behaviour | On or near Meadow View | |
| Jan 2024 | Anti-social behaviour | On or near Cow Lane |