£205,349
This estimated value is based upon the latest sale price for the house of £200,000 on 16 May 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 16 May 2022 |
| £44,000 | 25 Apr 1997 |
| 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 May 2022 the House Price Index for LINCOLNSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £200,000 results in an estimated price of approximately £205,349.
| 16 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £200,000 | £5,349 | £205,349 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 6.029 % | £12,057 | £212,057 |
| 3 Month Average | 1.252 % | £2,504 | £202,504 |
| 6 Month Average | -2.963 % | £-5,926 | £194,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £140,000 | £140,000 | 40 BEECH ROAD |
| 11 Apr 2024 | £176,533 | £175,000 | 17 MAGNOLIA CLOSE |
| 15 Nov 2023 | £266,772 | £260,000 | 9 LABURNUM CLOSE |
| 27 May 2022 | £256,687 | £250,000 | 9 SYCAMORE CLOSE |
| 16 May 2022 | £205,350 | £200,000 | 20 MAGNOLIA CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Magnolia Close | |
| Aug 2024 | Anti-social behaviour | On or near Magnolia Close | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Nettleton Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Nettleton Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cheshire Court |