£485,254
This estimated value is based upon the latest sale price for the house of £280,000 on 4 Mar 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 4 Mar 2011 |
| £290,000 | 14 Dec 2007 |
| 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 March 2011 the House Price Index for LINCOLNSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £280,000 results in an estimated price of approximately £485,254.
| 4 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £280,000 | £205,254 | £485,254 |
The Postcode Pricing Model uses changes in average sales price within the NG32 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 | 56.242 % | £157,478 | £437,478 |
| 3 Month Average | 28.812 % | £80,673 | £360,673 |
| 6 Month Average | 47.181 % | £132,106 | £412,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £241,121 | £235,000 | 5 NETHERFIELD |
| 26 Apr 2023 | £456,030 | £447,500 | 2 DIMMOCK CLOSE |
| 31 Mar 2023 | £305,095 | £300,000 | 15 WEST END |
| 29 Mar 2023 | £398,658 | £392,000 | ORCHARD HOUSE MAIN STREET |
| 11 Nov 2022 | £776,370 | £780,000 | CHAPEL GATE MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hungate Road |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Nether Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Church Street |
| Aug 2024 | Other crime | Under investigation | On or near Church Street |
| Oct 2024 | Other crime | Under investigation | On or near Strood Close |