£198,285
This estimated value is based upon the latest sale price for the house of £42,500 on 23 Oct 1998. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,500 | 23 Oct 1998 |
| 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 1998 the House Price Index for LINCOLNSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £42,500 results in an estimated price of approximately £198,285.
| 23 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £42,500 | £155,785 | £198,285 |
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 | 439.569 % | £186,816 | £229,316 |
| 3 Month Average | 338.612 % | £143,909 | £186,409 |
| 6 Month Average | 315.742 % | £134,190 | £176,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £226,974 | £220,000 | 4 FRANCIS HILL COURT CHURCH LANE |
| 30 Jun 2023 | £222,458 | £218,000 | 37 NEWPORT |
| 20 Mar 2023 | £485,610 | £477,500 | 10 STONEFIELD AVENUE |
| 20 Jan 2023 | £390,995 | £389,950 | 8 FRANCIS HILL COURT CHURCH LANE |
| 8 Aug 2022 | £241,128 | £240,000 | 35 NEWPORT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Ernest Terrace |
| Sep 2024 | Other theft | Under investigation | On or near Ernest Terrace |
| Jul 2024 | Anti-social behaviour | On or near Ernest Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Ernest Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Ernest Terrace |