£172,248
This estimated value is based upon the latest sale price for the house of £165,000 on 29 Mar 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 29 Mar 2022 |
| £143,000 | 31 Jul 2018 |
| £55,000 | 8 Nov 2001 |
| £42,000 | 23 Mar 1998 |
| Terraced |
| 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 March 2022 the House Price Index for LINCOLNSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £165,000 results in an estimated price of approximately £172,248.
| 29 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £165,000 | £7,248 | £172,248 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 14.393 % | £23,748 | £188,748 |
| 3 Month Average | 26.815 % | £44,245 | £209,245 |
| 6 Month Average | 6.300 % | £10,394 | £175,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £151,439 | £148,000 | 14 HAWTHORN WAY |
| 19 Sep 2023 | £191,215 | £187,000 | 13 CHESTNUT CRESCENT |
| 22 Jul 2022 | £159,094 | £157,500 | 15 HAWTHORN WAY |
| 8 Jul 2022 | £626,275 | £620,000 | 7 LINGA LANE |
| 29 Apr 2022 | £172,212 | £166,000 | 19 MAPLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Maple Drive |
| May 2024 | Other theft | Under investigation | On or near Chestnut Crescent |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Lincoln Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Blacksmith Row |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Torgate Avenue |