£254,779
This estimated value is based upon the latest sale price for the house of £154,000 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £154,000 | 31 Jul 2013 |
| £103,000 | 10 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 sq feet |
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 July 2013 the House Price Index for LINCOLNSHIRE was 89.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 65.442%.Applying this 65.442% change to the original purchase price of £154,000 results in an estimated price of approximately £254,779.
| 31 Jul 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.0 | 65.442 % | £154,000 | £100,779 | £254,779 |
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 | 41.869 % | £64,477 | £218,477 |
| 3 Month Average | 47.152 % | £72,614 | £226,614 |
| 6 Month Average | 53.763 % | £82,795 | £236,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £142,983 | £142,500 | APARTMENT 7 547 NEWARK ROAD |
| 31 Jul 2023 | £126,194 | £125,000 | 90 DE WINT AVENUE |
| 20 Jul 2023 | £183,738 | £182,000 | 13 BOURNE CLOSE |
| 14 Jul 2023 | £186,767 | £185,000 | 103 DE WINT AVENUE |
| 16 Sep 2022 | £311,215 | £315,000 | 418 NEWARK ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 29 May 2013. Using an estimated price of £254,780 means this house is valued at £2,196 per sq meter (£204 per sq foot).
The average size of a house on THE COTTAGE PADDOCK is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near The Cottage Paddock |
| Apr 2024 | Anti-social behaviour | On or near The Cottage Paddock | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cottage Paddock |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cottage Paddock |