£236,488
This estimated value is based upon the latest sale price for the house of £53,000 on 7 May 1999. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £53,000 | 7 May 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 May 1999 the House Price Index for LINCOLNSHIRE was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £53,000 results in an estimated price of approximately £236,488.
| 7 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £53,000 | £183,488 | £236,488 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 335.625 % | £177,881 | £230,881 |
| 3 Month Average | 321.011 % | £170,135 | £223,135 |
| 6 Month Average | 301.722 % | £159,912 | £212,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £370,413 | £362,000 | LITTLE GRANGE POTTERHANWORTH ROAD |
| 3 Apr 2023 | £376,033 | £369,000 | 19 GARRATT CLOSE |
| 28 Feb 2023 | £604,035 | £600,000 | 21 STATION ROAD |
| 24 Feb 2023 | £143,458 | £142,500 | 4 BURGHLEY SQUARE |
| 12 May 2022 | £266,955 | £260,000 | 3 GARRATT CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Garratt Close | |
| Aug 2024 | Anti-social behaviour | On or near Garratt Close | |
| Jul 2024 | Public order | Under investigation | On or near Martin Close |
| Jun 2024 | Burglary | Under investigation | On or near Potterhanworth Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Belvoir Square |