£291,424
This estimated value is based upon the latest sale price for the house of £285,000 on 28 Sep 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 28 Sep 2023 |
| £147,000 | 31 Oct 2003 |
| 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 September 2023 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £285,000 results in an estimated price of approximately £291,424.
| 28 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £285,000 | £6,424 | £291,424 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 9.823 % | £27,994 | £312,994 |
| 3 Month Average | 1.983 % | £5,652 | £290,652 |
| 6 Month Average | -7.049 % | £-20,090 | £264,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £159,037 | £155,000 | 20 SPIRE VIEW |
| 28 Sep 2023 | £291,424 | £285,000 | 28 PRIORY WAY |
| 6 Sep 2022 | £309,793 | £310,000 | 4 PRIORY WAY |
| 29 Apr 2022 | £316,414 | £305,000 | 11 SPIRE VIEW |
| 24 Jan 2022 | £164,331 | £155,000 | 22 SPIRE VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Abbey Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbey Road |
| Oct 2024 | Anti-social behaviour | On or near Grantham Road | |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Bede Close |
| Aug 2024 | Vehicle crime | Under investigation | On or near Grantham Road |