£167,940
This estimated value is based upon the latest sale price for the house of £135,000 on 28 Sep 2018. 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 Painshall Close
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| Price Paid | Date |
|---|---|
| £135,000 | 28 Sep 2018 |
| £105,000 | 25 Feb 2013 |
| £100,000 | 7 Sep 2005 |
| £40,000 | 28 Jun 2000 |
| 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 September 2018 the House Price Index for LINCOLNSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £135,000 results in an estimated price of approximately £167,940.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £135,000 | £32,940 | £167,940 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -9.693 % | £-13,085 | £121,914 |
| 3 Month Average | 5.834 % | £7,875 | £142,875 |
| 6 Month Average | 16.314 % | £22,023 | £157,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £184,057 | £180,000 | 12 THE SPINNEYS |
| 8 Sep 2023 | £224,959 | £220,000 | 16 SPRING COURT |
| 17 Mar 2023 | £216,618 | £213,000 | 17 EAGLE DRIVE |
| 24 Nov 2022 | £169,209 | £170,000 | 24 THE SPINNEYS |
| 27 May 2022 | £226,912 | £221,000 | 8 THE SPINNEYS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Painshall Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Eagle Drive |
| Aug 2024 | Public order | Under investigation | On or near Westhall Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brinkhall Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gorehall Drive |