£391,679
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Jul 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 22 Jul 2011 |
| 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 July 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 74.080%.Applying this 74.080% change to the original purchase price of £225,000 results in an estimated price of approximately £391,679.
| 22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £225,000 | £166,679 | £391,679 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 46.527 % | £104,686 | £329,686 |
| 3 Month Average | 35.860 % | £80,686 | £305,686 |
| 6 Month Average | 50.091 % | £112,705 | £337,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £350,000 | £350,000 | THE COACH HOUSE COLEBY HALL FAR LANE |
| 18 Dec 2023 | £340,462 | £330,000 | 22 DOVECOTE LANE |
| 27 Jul 2022 | £590,921 | £585,000 | 18 HIGH STREET |
| 14 Jul 2022 | £328,289 | £325,000 | 14 HIGH STREET |
| 16 Mar 2022 | £600,261 | £575,000 | LONG BARN, 14A FAR LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Coronation Crescent |
| Aug 2024 | Anti-social behaviour | On or near Church Lane | |
| Aug 2024 | Anti-social behaviour | On or near Church Lane | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Lane |
| Aug 2024 | Public order | Under investigation | On or near Far Lane |