£289,836
This estimated value is based upon the latest sale price for the house of £55,000 on 30 Apr 1997. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 30 Apr 1997 |
| 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 April 1997 the House Price Index for LINCOLNSHIRE was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £55,000 results in an estimated price of approximately £289,836.
| 30 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £55,000 | £234,836 | £289,836 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 336.718 % | £185,194 | £240,194 |
| 3 Month Average | 335.379 % | £184,458 | £239,458 |
| 6 Month Average | 341.753 % | £187,963 | £242,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Aug 2024 | £290,000 | £290,000 | 2 HURSTWOOD CLOSE |
| 15 Mar 2024 | £253,850 | £249,950 | 250 WOLSEY WAY |
| 4 Sep 2023 | £255,635 | £250,000 | 240 WOLSEY WAY |
| 15 Aug 2023 | £325,878 | £320,000 | 7 WESTHOLM CLOSE |
| 21 Jun 2023 | £244,908 | £240,000 | 1 ARABIS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Westholm Close | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westholm Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Arabis Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Alexander Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Thistle Close |