£295,930
This estimated value is based upon the latest sale price for the house of £290,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Trinity Lane
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| Price Paid | Date |
|---|---|
| £290,000 | 30 Jun 2023 |
| £174,000 | 25 Jul 2014 |
| £58,000 | 30 Jun 1995 |
| Freehold |
| Floor Area: 121 sq meters or 1,302 sq feet |
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 June 2023 the House Price Index for LINCOLNSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £290,000 results in an estimated price of approximately £295,930.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £290,000 | £5,930 | £295,930 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 22.589 % | £65,509 | £355,509 |
| 3 Month Average | 21.108 % | £61,212 | £351,212 |
| 6 Month Average | 0.858 % | £2,486 | £292,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £211,499 | £205,000 | 28 PRIORY CLOSE |
| 14 Aug 2023 | £198,582 | £195,000 | 41 PRIORY CLOSE |
| 30 Jun 2023 | £295,930 | £290,000 | 37 TRINITY LANE |
| 29 Jun 2023 | £198,988 | £195,000 | 28A TRINITY LANE |
| 29 Jun 2023 | £156,129 | £153,000 | 5 TRINITY LANE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 25 Apr 2014. Using an estimated price of £295,930 means this house is valued at £2,445 per sq meter (£227 per sq foot).
The average size of a house on TRINITY LANE is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Trinity Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trinity Lane |
| Aug 2024 | Burglary | Under investigation | On or near Trinity Lane |
| Sep 2024 | Burglary | Under investigation | On or near Priory Close |
| Aug 2024 | Anti-social behaviour | On or near Priory Close |