£347,212
This estimated value is based upon the latest sale price for the house of £305,000 on 21 May 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,000 | 21 May 2021 |
| £78,950 | 27 Aug 1999 |
| 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 May 2021 the House Price Index for LINCOLNSHIRE was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £305,000 results in an estimated price of approximately £347,212.
| 21 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £305,000 | £42,212 | £347,212 |
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 | -5.445 % | £-16,607 | £288,392 |
| 3 Month Average | -7.743 % | £-23,616 | £281,383 |
| 6 Month Average | -7.972 % | £-24,313 | £280,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £497,632 | £485,000 | 24 CLEVELAND AVENUE |
| 27 Oct 2023 | £241,996 | £236,500 | 106 MILL LANE |
| 6 Oct 2023 | £281,391 | £275,000 | 48 CLEVELAND AVENUE |
| 11 Sep 2023 | £380,897 | £372,500 | 75 CLEVELAND AVENUE |
| 14 Aug 2023 | £336,061 | £330,000 | 40 CLEVELAND AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mill Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |
| Sep 2024 | Anti-social behaviour | On or near Cotswold Close | |
| Sep 2024 | Anti-social behaviour | On or near Wolds View | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wolds View |