£410,663
This estimated value is based upon the latest sale price for the house of £347,500 on 22 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been three burglaries within the last year on or near Paddock Close
More crime details
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Price Paid | Date |
---|---|
£347,500 | 22 Oct 2020 |
£330,000 | 23 Aug 2019 |
£202,375 | 13 Feb 2004 |
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 October 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £347,500 results in an estimated price of approximately £410,663.
22 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £347,500 | £63,163 | £410,663 |
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 | 9.412 % | £32,706 | £380,206 |
3 Month Average | 28.821 % | £100,153 | £447,653 |
6 Month Average | 30.707 % | £106,706 | £454,206 |
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 |
10 Nov 2023 | £405,288 | £395,000 | 3 ASH GARDENS |
15 Mar 2023 | £254,246 | £250,000 | 12 WILSFORD LANE |
24 Feb 2023 | £123,827 | £123,000 | 87 ERMINE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near Paddock Close |
Jun 2024 | Burglary | Under investigation | On or near Paddock Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Paddock Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Paddock Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Angel Court |