£410,182
This estimated value is based upon the latest sale price for the house of £287,000 on 1 Sep 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £287,000 | 1 Sep 2015 |
| £210,000 | 5 Sep 2008 |
| £82,000 | 7 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 September 2015 the House Price Index for LINCOLNSHIRE was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £287,000 results in an estimated price of approximately £410,182.
| 1 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £287,000 | £123,182 | £410,182 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 24.882 % | £71,412 | £358,412 |
| 3 Month Average | 36.828 % | £105,697 | £392,697 |
| 6 Month Average | 32.441 % | £93,105 | £380,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £613,944 | £600,000 | 17 HORNCASTLE ROAD |
| 29 Jun 2023 | £367,362 | £360,000 | 62 CROWTREE LANE |
| 14 Sep 2022 | £394,736 | £395,000 | 1 LINDA CRESCENT |
| 28 Mar 2022 | £793,389 | £760,000 | 55 HORNCASTLE ROAD |
| 15 Mar 2022 | £809,048 | £775,000 | 57 CROWTREE LANE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 14 Jun 2013. Using an estimated price of £410,183 means this house is valued at £2,596 per sq meter (£241 per sq foot).
The average size of a house on HORNCASTLE ROAD is 235 sq meters (2,538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Vanessa Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Vanessa Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vanessa Road |
| Oct 2024 | Burglary | Under investigation | On or near Horncastle Road |
| Oct 2024 | Anti-social behaviour | On or near Horncastle Road |