£330,406
This estimated value is based upon the latest sale price for the house of £194,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,000 | 17 Aug 2012 |
| £109,500 | 30 Jul 2001 |
| 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 2012 the House Price Index for LINCOLNSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £194,000 results in an estimated price of approximately £330,406.
| 17 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £194,000 | £136,406 | £330,406 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 51.918 % | £100,720 | £294,720 |
| 3 Month Average | 55.833 % | £108,316 | £302,316 |
| 6 Month Average | 52.462 % | £101,775 | £295,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £218,829 | £215,000 | 2 LANGLEY ROAD |
| 9 Nov 2023 | £268,982 | £265,000 | 37 JAGUAR DRIVE |
| 12 Jul 2023 | £228,070 | £225,000 | 2 CRESTA CLOSE |
| 23 Feb 2023 | £322,283 | £322,500 | 10 LOTUS COURT |
| 20 Oct 2022 | £316,591 | £320,000 | 43 JAGUAR DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Lotus Court |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cresta Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Langley Road |