£808,208
This estimated value is based upon the latest sale price for the house of £292,500 on 29 Aug 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £292,500 | 29 Aug 2002 |
| £142,500 | 23 Jul 1998 |
| £130,000 | 1 Oct 1996 |
| 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 August 2002 the House Price Index for LINCOLNSHIRE was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £292,500 results in an estimated price of approximately £808,208.
| 29 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £292,500 | £515,708 | £808,208 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 146.121 % | £427,404 | £719,904 |
| 3 Month Average | 162.154 % | £474,299 | £766,799 |
| 6 Month Average | 177.459 % | £519,066 | £811,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £247,609 | £240,000 | 31 WRAGBY ROAD |
| 22 Aug 2023 | £448,082 | £440,000 | 34 GREETWELL GATE |
| 1 Jun 2023 | £392,873 | £385,000 | 37 GREETWELL GATE |
| 10 Jun 2022 | £250,352 | £245,000 | 32 LANGWORTHGATE |
| 17 Feb 2022 | £248,267 | £235,000 | APARTMENT 1, 7 LANGWORTHGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Langworthgate |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near St Leonard'S Lane |
| Sep 2024 | Anti-social behaviour | On or near St Leonard'S Lane | |
| Sep 2024 | Anti-social behaviour | On or near St Leonard'S Lane | |
| Sep 2024 | Other crime | Under investigation | On or near St Leonard'S Lane |