£317,447
This estimated value is based upon the latest sale price for the house of £249,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,000 | 14 Jul 2017 |
| 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 July 2017 the House Price Index for LINCOLNSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £249,000 results in an estimated price of approximately £317,447.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £249,000 | £68,447 | £317,447 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -8.890 % | £-22,135 | £226,864 |
| 3 Month Average | 8.657 % | £21,555 | £270,555 |
| 6 Month Average | 15.423 % | £38,404 | £287,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £247,162 | £245,000 | 2 EASTCROFT |
| 14 Jun 2023 | £182,207 | £180,000 | 20 CHURCH LANE |
| 7 Oct 2022 | £288,889 | £292,000 | 5 WESTCROFT DRIVE |
| 20 Sep 2022 | £228,158 | £230,000 | WHITE HOUSE, 35 CHURCH LANE |
| 30 Aug 2022 | £169,544 | £170,000 | 8 EASTCROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcroft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcroft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcroft |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fallow Croft |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Church View |