£254,245
This estimated value is based upon the latest sale price for the house of £250,000 on 29 Mar 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 29 Mar 2023 |
| £189,950 | 10 Aug 2021 |
| 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 March 2023 the House Price Index for LINCOLNSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £250,000 results in an estimated price of approximately £254,245.
| 29 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £250,000 | £4,245 | £254,245 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 23.524 % | £58,809 | £308,809 |
| 3 Month Average | -2.173 % | £-5,431 | £244,568 |
| 6 Month Average | -6.292 % | £-15,729 | £234,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £254,246 | £250,000 | 31 WESLEY CLOSE |
| 15 Feb 2023 | £219,466 | £218,000 | 54 LINCOLN ROAD |
| 28 Jul 2022 | £237,379 | £235,000 | 61 LINCOLN ROAD |
| 29 Jun 2022 | £173,713 | £170,000 | 9 BUTTERS CORNER |
| 30 May 2022 | £169,414 | £165,000 | 1 BUTTERS CORNER |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Apple Tree Close | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Sargent Close |
| Jun 2024 | Drugs | Further investigation is not in the public interest | On or near Barley Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Dunston Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Dunston Road |