£236,588
This estimated value is based upon the latest sale price for the house of £129,000 on 9 Jan 2009. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,000 | 9 Jan 2009 |
| £90,000 | 28 Aug 2008 |
| £46,000 | 7 Nov 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 January 2009 the House Price Index for LINCOLNSHIRE was 81.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.402%.Applying this 83.402% change to the original purchase price of £129,000 results in an estimated price of approximately £236,588.
| 9 Jan 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 148.6 | 83.402 % | £129,000 | £107,588 | £236,588 |
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 | 50.095 % | £64,621 | £193,621 |
| 3 Month Average | 71.875 % | £92,719 | £221,719 |
| 6 Month Average | 61.158 % | £78,893 | £207,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £287,253 | £283,000 | 16 MEADOW CLOSE |
| 31 Jul 2023 | £217,933 | £215,000 | 69 MEADOW LANE |
| 31 Mar 2023 | £373,519 | £370,000 | 24 CHAPEL LANE |
| 8 Jul 2022 | £194,524 | £194,000 | 3 CROSS LANE |
| 20 Apr 2022 | £247,152 | £240,000 | 18 CHAPEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sharp Walk |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sharp Walk |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coult Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penrose Close |
| Jan 2024 | Anti-social behaviour | On or near Penrose Close |