£855,849
This estimated value is based upon the latest sale price for the house of £499,999 on 26 Mar 2010. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £499,999 | 26 Mar 2010 |
| £540,000 | 15 Oct 2004 |
| 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 March 2010 the House Price Index for LINCOLNSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £499,999 results in an estimated price of approximately £855,849.
| 26 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £499,999 | £355,850 | £855,849 |
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 | 64.686 % | £323,429 | £823,428 |
| 3 Month Average | 57.683 % | £288,412 | £788,411 |
| 6 Month Average | 50.864 % | £254,318 | £754,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,176,140 | £1,140,000 | THE GAMEKEEPER NEWARK ROAD |
| 5 Jun 2023 | £219,397 | £215,000 | 598 NEWARK ROAD |
| 25 Mar 2022 | £172,249 | £165,000 | 2A BOUNDARY LANE |
| 18 Feb 2022 | £465,898 | £441,000 | 4 WOODCROFT |
| 18 Nov 2021 | £403,122 | £370,000 | 5 ACORN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Newark Road |
| Jun 2024 | Drugs | Awaiting court outcome | On or near Newark Road |
| May 2024 | Anti-social behaviour | On or near Newark Road | |
| May 2024 | Anti-social behaviour | On or near Newark Road | |
| May 2024 | Anti-social behaviour | On or near Newark Road |