£256,540
This estimated value is based upon the latest sale price for the house of £202,000 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £202,000 | 10 Nov 2017 |
| £173,000 | 29 Aug 2014 |
| £165,000 | 26 Nov 2007 |
| £85,950 | 14 May 2001 |
| 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 November 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £202,000 results in an estimated price of approximately £256,540.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £202,000 | £54,540 | £256,540 |
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 | 26.354 % | £53,234 | £255,234 |
| 3 Month Average | 23.446 % | £47,361 | £249,361 |
| 6 Month Average | 18.270 % | £36,905 | £238,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £450,000 | £450,000 | 20 BUTTERCUP WAY |
| 15 Sep 2023 | £255,635 | £250,000 | 11 GRANDFIELD WAY |
| 7 Jun 2023 | £308,686 | £302,500 | 14 BUTTERCUP WAY |
| 3 Apr 2023 | £720,985 | £707,500 | 552A NEWARK ROAD |
| 10 Nov 2022 | £373,255 | £375,000 | 6 BUTTERCUP WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Primrose Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Primrose Close |
| Jun 2024 | Anti-social behaviour | On or near Primrose Close | |
| Jun 2024 | Anti-social behaviour | On or near Primrose Close | |
| Jun 2024 | Anti-social behaviour | On or near Primrose Close |