£228,415
This estimated value is based upon the latest sale price for the house of £145,250 on 14 Sep 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,250 | 14 Sep 2007 |
| £107,500 | 26 Sep 2006 |
| 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 2007 the House Price Index for LINCOLNSHIRE was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £145,250 results in an estimated price of approximately £228,415.
| 14 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £145,250 | £83,165 | £228,415 |
The Postcode Pricing Model uses changes in average sales price within the LN3 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 | 91.135 % | £132,373 | £277,623 |
| 3 Month Average | 35.212 % | £51,145 | £196,395 |
| 6 Month Average | 38.708 % | £56,223 | £201,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £222,500 | £222,500 | 17 FERN GROVE |
| 7 Dec 2023 | £159,914 | £155,000 | 23 FERN GROVE |
| 13 Sep 2023 | £219,846 | £215,000 | 72 FERN GROVE |
| 2 Jun 2023 | £229,601 | £225,000 | 21 LABURNUM DRIVE |
| 31 Mar 2023 | £294,925 | £290,000 | 5 NEWSTEAD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Holly Close |
| Aug 2024 | Anti-social behaviour | On or near Laburnum Drive | |
| Aug 2024 | Anti-social behaviour | On or near Laburnum Drive | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Newstead Avenue |
| Jun 2024 | Anti-social behaviour | On or near Lime Grove |