£294,437
This estimated value is based upon the latest sale price for the house of £155,000 on 17 Dec 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 17 Dec 2004 |
| 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 December 2004 the House Price Index for LINCOLNSHIRE was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £155,000 results in an estimated price of approximately £294,437.
| 17 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £155,000 | £139,437 | £294,437 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 106.763 % | £165,482 | £320,482 |
| 3 Month Average | 61.022 % | £94,583 | £249,583 |
| 6 Month Average | 48.551 % | £75,254 | £230,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £386,888 | £375,000 | THE WILLOWS MARSH LANE |
| 18 Aug 2023 | £132,388 | £130,000 | 11 KETTLETHORPE ROAD |
| 27 Jan 2023 | £10,027 | £10,000 | 1 MARSH LANE |
| 4 Jul 2022 | £383,846 | £380,000 | 32 HOME FARM CLOSE |
| 26 Nov 2021 | £212,456 | £195,000 | POLDHU MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swynford Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Marsh Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kettlethorpe Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |