£221,145
This estimated value is based upon the latest sale price for the house of £38,500 on 8 Aug 1995. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £38,500 | 8 Aug 1995 |
| 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 August 1995 the House Price Index for LINCOLNSHIRE was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £38,500 results in an estimated price of approximately £221,145.
| 8 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 474.405 % | £38,500 | £182,645 | £221,145 |
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 | 341.964 % | £131,656 | £170,156 |
| 3 Month Average | 329.026 % | £126,674 | £165,174 |
| 6 Month Average | 349.873 % | £134,701 | £173,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £325,000 | £325,000 | 6 THE DENE |
| 1 Mar 2024 | £309,759 | £305,000 | 1 THE DENE |
| 21 Dec 2023 | £183,643 | £178,000 | 3 DENE CLOSE |
| 9 Mar 2023 | £427,133 | £420,000 | HILL VIEW STATION FIELD |
| 12 Jan 2023 | £245,656 | £245,000 | 24 WATERLOO LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goldfinch Close |