£299,363
This estimated value is based upon the latest sale price for the house of £156,500 on 4 Oct 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £156,500 | 4 Oct 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 October 2004 the House Price Index for LINCOLNSHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £156,500 results in an estimated price of approximately £299,363.
| 4 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £156,500 | £142,863 | £299,363 |
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 | 67.589 % | £105,777 | £262,277 |
| 3 Month Average | 71.657 % | £112,142 | £268,642 |
| 6 Month Average | 73.134 % | £114,455 | £270,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £192,965 | £190,000 | 42 SWALLOW AVENUE |
| 23 Nov 2023 | £395,027 | £385,000 | 62 QUEENSWAY |
| 15 Nov 2023 | £249,329 | £243,000 | 8 MARTIN CLOSE |
| 17 Oct 2023 | £209,764 | £205,000 | 40 SWALLOW AVENUE |
| 18 Aug 2023 | £308,056 | £302,500 | 28 SWALLOW AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martin Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Jerusalem Road |
| Sep 2024 | Other crime | Under investigation | On or near Jerusalem Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jerusalem Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jerusalem Road |