£278,371
This estimated value is based upon the latest sale price for the house of £160,000 on 27 May 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£160,000 | 27 May 2011 |
£165,000 | 12 Dec 2008 |
£75,000 | 21 Aug 2001 |
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 May 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £160,000 results in an estimated price of approximately £278,371.
27 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £160,000 | £118,371 | £278,371 |
The Postcode Pricing Model uses changes in average sales price within the NG32 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 | 44.685 % | £71,496 | £231,496 |
3 Month Average | 28.553 % | £45,684 | £205,684 |
6 Month Average | 45.850 % | £73,359 | £233,359 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £403,504 | £400,000 | 1 PADDOCK CLOSE |
28 Nov 2023 | £188,023 | £183,250 | BAY VIEW, 71A ERMINE STREET |
23 Jun 2023 | £244,908 | £240,000 | 6 CHARLES AVENUE |
15 Mar 2023 | £254,246 | £250,000 | 12 WILSFORD LANE |
24 Feb 2023 | £123,827 | £123,000 | 87 ERMINE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilsford Lane |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilsford Lane |
Oct 2024 | Anti-social behaviour | On or near Hillside | |
Aug 2024 | Anti-social behaviour | On or near Hillside | |
Aug 2024 | Anti-social behaviour | On or near Hillside |