£356,812
This estimated value is based upon the latest sale price for the house of £260,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 29 Jan 2016 |
| £102,600 | 7 Apr 2000 |
| 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 January 2016 the House Price Index for LINCOLNSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £260,000 results in an estimated price of approximately £356,812.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £260,000 | £96,812 | £356,812 |
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 | 20.682 % | £53,774 | £313,774 |
| 3 Month Average | 26.003 % | £67,606 | £327,606 |
| 6 Month Average | 32.701 % | £85,023 | £345,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £425,440 | £420,000 | 5 ST ALBANS CLOSE |
| 23 Feb 2023 | £394,734 | £395,000 | 5 WORCESTER CLOSE |
| 11 Oct 2022 | £146,423 | £148,000 | 28 MINSTER COURT |
| 10 Aug 2022 | £339,087 | £340,000 | 30 WORCESTER CLOSE |
| 6 Jul 2022 | £242,653 | £242,000 | 10 WORCESTER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Worcester Close |
| Mar 2024 | Burglary | Under investigation | On or near York Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dorothy Avenue |
| Feb 2024 | Anti-social behaviour | On or near Dorothy Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Dorothy Avenue |