£393,391
This estimated value is based upon the latest sale price for the house of £230,000 on 29 Oct 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 Oct 2012 |
| £249,000 | 22 Oct 2007 |
| £217,500 | 12 Jan 2006 |
| £239,000 | 26 Jan 2004 |
| £99,950 | 16 Mar 2000 |
| 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 2012 the House Price Index for LINCOLNSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £230,000 results in an estimated price of approximately £393,391.
| 29 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £230,000 | £163,391 | £393,391 |
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 | 52.684 % | £121,173 | £351,173 |
| 3 Month Average | 67.278 % | £154,739 | £384,739 |
| 6 Month Average | 60.877 % | £140,017 | £370,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £224,959 | £220,000 | 16 SPRING COURT |
| 26 Jun 2023 | £214,294 | £210,000 | 5 ST MARYS AVENUE |
| 24 Aug 2022 | £306,433 | £305,000 | 9 LANCASTER COURT |
| 8 Jul 2022 | £168,690 | £167,000 | 20 ST MARYS AVENUE |
| 4 Jul 2022 | £207,075 | £205,000 | 4 RYLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Court |
| Oct 2024 | Public order | Under investigation | On or near Supermarket |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |