£120,204
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Dec 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 18 Dec 2014 |
| 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 December 2014 the House Price Index for LINCOLNSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £80,000 results in an estimated price of approximately £120,204.
| 18 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £80,000 | £40,204 | £120,204 |
The Postcode Pricing Model uses changes in average sales price within the LN3 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 | 60.831 % | £48,665 | £128,665 |
| 3 Month Average | 58.722 % | £46,977 | £126,977 |
| 6 Month Average | 41.043 % | £32,834 | £112,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £198,582 | £195,000 | 5 ST HUGHS DRIVE |
| 23 Jun 2023 | £169,905 | £166,500 | 21 MAIN ROAD |
| 16 Jun 2023 | £160,721 | £157,500 | 1 PROVIDENCE ROW |
| 7 Jun 2023 | £229,601 | £225,000 | WOODFIELD BARLINGS LANE |
| 8 Nov 2022 | £199,069 | £200,000 | LINDUM HOUSE, 11A MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scothern Lane |
| Jul 2024 | Drugs | Under investigation | On or near Scothern Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oxeney Drive |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Oxeney Drive |
| Jul 2024 | Anti-social behaviour | On or near Oxeney Drive |