£50,274
This estimated value is based upon the latest sale price for the house of £49,200 on 27 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £49,200 | 27 Jun 2022 |
| £74,025 | 8 May 2008 |
| £65,000 | 20 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
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 June 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £49,200 results in an estimated price of approximately £50,274.
| 27 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £49,200 | £1,074 | £50,274 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 1.743 % | £857 | £50,057 |
| 3 Month Average | 23.297 % | £11,461 | £60,661 |
| 6 Month Average | 9.764 % | £4,803 | £54,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £82,084 | £80,000 | 149 NEW BEACON ROAD |
| 11 Sep 2023 | £168,719 | £165,000 | 110 PRINCESS DRIVE |
| 21 Aug 2023 | £386,980 | £380,000 | 85A HARROWBY LANE |
| 10 Aug 2023 | £132,388 | £130,000 | 99 UPLANDS DRIVE |
| 16 Jun 2023 | £244,908 | £240,000 | 43 SHARPE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Ermine Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ermine Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ermine Close |
| Oct 2024 | Public order | Under investigation | On or near Ermine Close |
| Sep 2024 | Vehicle crime | Awaiting court outcome | On or near Ermine Close |