£162,232
This estimated value is based upon the latest sale price for the house of £84,950 on 17 Sep 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £84,950 | 17 Sep 2004 |
| £59,500 | 11 Dec 2002 |
| £43,000 | 12 Jul 2002 |
| £29,950 | 9 Jul 1998 |
| Semi-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 2004 the House Price Index for LINCOLNSHIRE was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £84,950 results in an estimated price of approximately £162,232.
| 17 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £84,950 | £77,282 | £162,232 |
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 | 61.273 % | £52,051 | £137,001 |
| 3 Month Average | 72.216 % | £61,347 | £146,297 |
| 6 Month Average | 72.089 % | £61,239 | £146,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £165,111 | £163,000 | 10 RIDGEWELL CLOSE |
| 17 Apr 2023 | £192,068 | £190,000 | 16 RIDGEWELL CLOSE |
| 15 Feb 2023 | £184,876 | £185,000 | 25 MELBOURNE ROAD |
| 3 Feb 2023 | £129,913 | £130,000 | 19 RIDGEWELL CLOSE |
| 1 Feb 2023 | £174,882 | £175,000 | 47 RIDGEWELL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Ridgewell Close |
| Dec 2023 | Other theft | Under investigation | On or near Ridgewell Close |
| Mar 2024 | Other theft | Under investigation | On or near Folkingham Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Folkingham Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Folkingham Close |