£282,308
This estimated value is based upon the latest sale price for the house of £91,000 on 25 Feb 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Melbourne Close
More crime details
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| Price Paid | Date |
|---|---|
| £91,000 | 25 Feb 2002 |
| 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 February 2002 the House Price Index for LINCOLNSHIRE was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £91,000 results in an estimated price of approximately £282,308.
| 25 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £91,000 | £191,308 | £282,308 |
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 | 219.698 % | £199,924 | £290,924 |
| 3 Month Average | 205.877 % | £187,347 | £278,347 |
| 6 Month Average | 212.933 % | £193,769 | £284,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £235,990 | £230,000 | 12 BINBROOK CLOSE |
| 27 Oct 2023 | £388,831 | £380,000 | 3 FALDINGWORTH CLOSE |
| 23 Oct 2023 | £258,368 | £252,500 | 6 MELBOURNE ROAD |
| 15 Feb 2023 | £186,244 | £185,000 | 25 MELBOURNE ROAD |
| 30 Jan 2023 | £288,270 | £287,500 | 43 CAISTOR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbourne Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Melbourne Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Road |