£188,271
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Aug 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Aug 2007 |
| £38,000 | 31 Mar 2000 |
| Terraced |
| 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 August 2007 the House Price Index for LINCOLNSHIRE was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £120,000 results in an estimated price of approximately £188,271.
| 17 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £120,000 | £68,271 | £188,271 |
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 | 28.100 % | £33,719 | £153,719 |
| 3 Month Average | 46.720 % | £56,063 | £176,063 |
| 6 Month Average | 42.972 % | £51,566 | £171,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £190,839 | £187,500 | 5 SHAYS DRIVE |
| 13 Mar 2023 | £171,617 | £170,000 | 8 SCOTTON DRIVE |
| 7 Jul 2022 | £163,440 | £163,000 | 47 HEMSWELL AVENUE |
| 7 Jun 2022 | £215,039 | £212,000 | 268 SKELLINGTHORPE ROAD |
| 31 May 2022 | £198,745 | £195,000 | 25 HEMSWELL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Thornton Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Thornton Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hatton Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shays Drive |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shays Drive |