£294,005
This estimated value is based upon the latest sale price for the house of £231,500 on 2 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £231,500 | 2 Nov 2017 |
| £173,500 | 16 Mar 2004 |
| £95,000 | 26 Oct 2001 |
| 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 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £231,500 results in an estimated price of approximately £294,005.
| 2 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £231,500 | £62,505 | £294,005 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 4.551 % | £10,535 | £242,035 |
| 3 Month Average | 9.252 % | £21,418 | £252,918 |
| 6 Month Average | 16.380 % | £37,919 | £269,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £302,879 | £296,000 | 21 DARWIN CLOSE |
| 23 Jun 2023 | £280,624 | £275,000 | 21 ADELAIDE CLOSE |
| 23 Jun 2023 | £250,010 | £245,000 | 28 ADELAIDE CLOSE |
| 8 Jun 2023 | £244,908 | £240,000 | 21 HOBART CLOSE |
| 28 Apr 2023 | £259,860 | £255,000 | 18 DARWIN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Darwin Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Darwin Close |
| Sep 2024 | Anti-social behaviour | On or near Pitsford Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pitsford Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Pitsford Close |