£306,741
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 27 Sep 2019 |
| £219,000 | 15 Dec 2014 |
| £210,540 | 30 Jun 2011 |
| 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 2019 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £250,000 results in an estimated price of approximately £306,741.
| 27 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £250,000 | £56,741 | £306,741 |
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 | -11.409 % | £-28,521 | £221,478 |
| 3 Month Average | 14.999 % | £37,497 | £287,497 |
| 6 Month Average | 10.422 % | £26,054 | £276,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £217,045 | £215,000 | 2 MARCUS CLOSE |
| 9 Feb 2023 | £354,761 | £355,000 | 11 OCTAVIAN CRESCENT |
| 29 Jun 2022 | £258,655 | £255,000 | 17 OCTAVIAN CRESCENT |
| 30 May 2022 | £209,446 | £205,500 | 4 MAXIMUS ROAD |
| 21 Feb 2022 | £254,833 | £243,000 | 9 OCTAVIAN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Octavian Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Octavian Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marcus Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grandfield Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grandfield Way |