£226,200
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 30 Nov 2021 |
| £161,000 | 4 Nov 2016 |
| £155,000 | 27 May 2011 |
| 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 November 2021 the House Price Index for LINCOLNSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £210,000 results in an estimated price of approximately £226,200.
| 30 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £210,000 | £16,200 | £226,200 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | -23.974 % | £-50,344 | £159,655 |
| 3 Month Average | 22.046 % | £46,296 | £256,296 |
| 6 Month Average | -6.213 % | £-13,047 | £196,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £227,926 | £225,000 | 16 HONEYSUCKLE LANE |
| 21 Nov 2023 | £86,105 | £85,000 | 44 CARPENTERS CLOSE |
| 23 Jun 2023 | £166,349 | £165,000 | GRANVILLE BARDNEY ROAD |
| 16 Jun 2023 | £234,300 | £232,400 | 19 HONEYSUCKLE LANE |
| 31 Mar 2023 | £226,223 | £225,000 | 54 HONEYSUCKLE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Honeysuckle Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Honeysuckle Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Honeysuckle Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Honeysuckle Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honeysuckle Lane |