£299,504
This estimated value is based upon the latest sale price for the house of £190,000 on 16 Jul 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 16 Jul 2007 |
| 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 July 2007 the House Price Index for LINCOLNSHIRE was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £190,000 results in an estimated price of approximately £299,504.
| 16 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £190,000 | £109,504 | £299,504 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 95.574 % | £181,591 | £371,591 |
| 3 Month Average | 38.311 % | £72,791 | £262,791 |
| 6 Month Average | 47.974 % | £91,150 | £281,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £275,841 | £272,500 | 4 BECK CLOSE |
| 7 Jun 2023 | £193,342 | £191,000 | NEWFOUNDLAND MARKET PLACE |
| 21 Apr 2023 | £323,483 | £320,000 | 2 CHURCH VIEW BUSINESS CENTRE |
| 27 Feb 2023 | £276,814 | £277,000 | 4 SORREL CLOSE |
| 24 Feb 2023 | £649,563 | £650,000 | CHURCH HOUSE ST MARYS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sorrel Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rectory Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Jan 2024 | Anti-social behaviour | On or near Market Place | |
| Jan 2024 | Anti-social behaviour | On or near Market Place |