£320,610
This estimated value is based upon the latest sale price for the house of £58,000 on 8 Oct 1996. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£58,000 | 8 Oct 1996 |
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 October 1996 the House Price Index for LINCOLNSHIRE was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £58,000 results in an estimated price of approximately £320,610.
8 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 149.7 | 452.776 % | £58,000 | £262,610 | £320,610 |
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 | 347.019 % | £201,271 | £259,271 |
3 Month Average | 305.550 % | £177,218 | £235,218 |
6 Month Average | 339.505 % | £196,912 | £254,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £220,000 | £220,000 | 1A HIGHFIELD TERRACE |
19 Apr 2024 | £259,251 | £257,000 | 8 DERWENT CLOSE |
22 Mar 2024 | £272,182 | £268,000 | 1 MEDWAY CRESCENT |
25 Aug 2023 | £213,857 | £210,000 | 2 DERWENT CLOSE |
11 Oct 2022 | £289,035 | £290,000 | 50 WINDERMERE AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Medway Crescent |
Jul 2024 | Burglary | Under investigation | On or near Estwaite Close |
Jun 2024 | Anti-social behaviour | On or near Highfield Terrace | |
Jun 2024 | Anti-social behaviour | On or near Highfield Terrace | |
May 2024 | Anti-social behaviour | On or near Highfield Terrace |