£767,415
This estimated value is based upon the latest sale price for the house of £710,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £710,000 | 29 Jun 2021 |
| 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 June 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £710,000 results in an estimated price of approximately £767,415.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £710,000 | £57,415 | £767,415 |
The Postcode Pricing Model uses changes in average sales price within the NG23 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 | -8.265 % | £-58,684 | £651,315 |
| 3 Month Average | 22.924 % | £162,758 | £872,758 |
| 6 Month Average | 28.602 % | £203,077 | £913,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £203,673 | £200,000 | 22 BARNBY LANE |
| 24 Feb 2023 | £312,085 | £310,000 | 5 SWALLOW DRIVE |
| 22 Jul 2022 | £353,543 | £350,000 | FEN COTTAGE, 2 BARNBY LANE |
| 11 Feb 2022 | £285,243 | £270,000 | 1 LITTLE BARN COURT |
| 5 Nov 2021 | £615,579 | £565,000 | CLEVELAND COTTAGE, 82 MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Swallow Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Revill Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Welfen Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Welfen Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Welfen Lane |