£395,918
This estimated value is based upon the latest sale price for the house of £210,000 on 3 Feb 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 3 Feb 2005 |
| 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 2005 the House Price Index for LINCOLNSHIRE was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £210,000 results in an estimated price of approximately £395,918.
| 3 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £210,000 | £185,918 | £395,918 |
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 | 77.140 % | £161,993 | £371,993 |
| 3 Month Average | 55.104 % | £115,718 | £325,718 |
| 6 Month Average | 64.021 % | £134,444 | £344,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £462,100 | £455,000 | 10 CHANCERY CLOSE |
| 20 Oct 2023 | £209,764 | £205,000 | 11 BRANSTON CLOSE |
| 30 Jun 2023 | £280,624 | £275,000 | 368 NEWARK ROAD |
| 20 Feb 2023 | £201,345 | £200,000 | 445 NEWARK ROAD |
| 29 Jul 2022 | £328,289 | £325,000 | 434 NEWARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Newark Road | |
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Newark Road |
| Jul 2024 | Anti-social behaviour | On or near Newark Road | |
| Jun 2024 | Anti-social behaviour | On or near Newark Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Newark Road |