£634,509
This estimated value is based upon the latest sale price for the house of £397,750 on 14 Feb 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £397,750 | 14 Feb 2014 |
| £313,000 | 3 Jul 2007 |
| £108,000 | 24 May 1996 |
| 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 February 2014 the House Price Index for LINCOLNSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £397,750 results in an estimated price of approximately £634,509.
| 14 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £397,750 | £236,759 | £634,509 |
The Postcode Pricing Model uses changes in average sales price within the LN3 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 | 123.563 % | £491,471 | £889,221 |
| 3 Month Average | 65.952 % | £262,324 | £660,074 |
| 6 Month Average | 60.311 % | £239,885 | £637,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2024 | £181,600 | £181,600 | 7 SILVER STREET |
| 20 Dec 2023 | £133,605 | £129,500 | 31 SILVER STREET |
| 18 Aug 2023 | £168,031 | £165,000 | 4 LEA GROVE |
| 17 Feb 2023 | £209,399 | £208,000 | 39 SILVER STREET |
| 24 May 2022 | £145,285 | £141,500 | 25 WRAGBY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Queen Street | |
| Jun 2024 | Anti-social behaviour | On or near Queen Street | |
| Jun 2024 | Anti-social behaviour | On or near Queen Street | |
| Jun 2024 | Anti-social behaviour | On or near Queen Street | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silver Street |