£231,407
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 30 Aug 2023 |
| £65,500 | 15 Nov 2000 |
| £55,000 | 12 Jun 1996 |
| 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 2023 the House Price Index for LINCOLNSHIRE was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £230,000 results in an estimated price of approximately £231,407.
| 30 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £230,000 | £1,407 | £231,407 |
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 | 1.166 % | £2,682 | £232,682 |
| 3 Month Average | -2.831 % | £-6,510 | £223,489 |
| 6 Month Average | -2.308 % | £-5,308 | £224,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £225,382 | £222,500 | 10 WEDGEWOOD CLOSE |
| 30 Aug 2023 | £232,030 | £230,000 | 1 ACER COURT |
| 29 Jul 2022 | £256,691 | £256,000 | 105 ELSHAM CRESCENT |
| 14 Jun 2022 | £185,884 | £184,000 | 8 ACER COURT |
| 18 Mar 2022 | £216,736 | £210,000 | 5 BETULA GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Acer Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spilsby Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Folkingham Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Folkingham Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Folkingham Close |