£85,081
This estimated value is based upon the latest sale price for the house of £50,000 on 4 Oct 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 4 Oct 2006 |
| Semi-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 2006 the House Price Index for LINCOLNSHIRE was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £50,000 results in an estimated price of approximately £85,081.
| 4 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £50,000 | £35,081 | £85,081 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 55.975 % | £27,987 | £77,987 |
| 3 Month Average | 56.522 % | £28,261 | £78,261 |
| 6 Month Average | 52.156 % | £26,077 | £76,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £690,687 | £675,000 | THE OAKS PEPPIN LANE |
| 25 Sep 2023 | £945,850 | £925,000 | HAMPTON HOUSE |
| 16 Jun 2023 | £520,429 | £510,000 | FOTHERBY HOUSE LOUTH ROAD |
| 26 Apr 2023 | £122,287 | £120,000 | FLAT 2 THE STUDIO ALLENBY CRESCENT |
| 30 Jan 2023 | £513,873 | £512,500 | ASHLEIGH HOUSE PEPPIN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Church Lane | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Allenby Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allenby Crescent |
| Oct 2024 | Burglary | Under investigation | On or near Louth Road |
| Aug 2024 | Anti-social behaviour | On or near Little Grimsby Lane |