£324,287
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
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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 18.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 459.116%.Applying this 459.116% change to the original purchase price of £58,000 results in an estimated price of approximately £324,287.
8 Oct 1996 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
18.1 | 101.2 | 459.116 % | £58,000 | £266,287 | £324,287 |
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 | 398.532 % | £231,148 | £289,148 |
3 Month Average | 368.076 % | £213,483 | £271,483 |
6 Month Average | 354.934 % | £205,861 | £263,861 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Dec 2024 | £310,000 | £310,000 | 16 DERWENT CLOSE |
17 May 2024 | £224,662 | £220,000 | 1A HIGHFIELD TERRACE |
11 Oct 2022 | £292,020 | £290,000 | 50 WINDERMERE AVENUE |
27 May 2022 | £270,144 | £260,000 | 37 WINDERMERE AVENUE |
13 Apr 2022 | £346,073 | £330,000 | 15 CONWAY DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Highfield Terrace | |
Oct 2024 | Anti-social behaviour | On or near Highfield Terrace | |
Oct 2024 | Anti-social behaviour | On or near Highfield Terrace | |
Oct 2024 | Public order | Under investigation | On or near Wilkinson Lane |
Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ingham Close |