£145,269
This estimated value is based upon the latest sale price for the house of £141,000 on 17 Jan 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £141,000 | 17 Jan 2024 |
| £41,000 | 12 Jun 1997 |
| Terraced |
| 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 2024 the House Price Index for LINCOLNSHIRE was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £141,000 results in an estimated price of approximately £145,269.
| 17 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £141,000 | £4,269 | £145,269 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 56.954 % | £80,304 | £221,304 |
| 3 Month Average | 7.065 % | £9,961 | £150,961 |
| 6 Month Average | 2.799 % | £3,946 | £144,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £168,719 | £165,000 | 2 CHESTNUT STREET |
| 10 Mar 2023 | £269,501 | £265,000 | 8 CUTHBERTS YARD |
| 10 Mar 2023 | £274,586 | £270,000 | 88 RASEN LANE |
| 12 Oct 2022 | £460,960 | £462,500 | 26 - 28 BURTON ROAD |
| 4 Jul 2022 | £151,518 | £150,000 | 96 RASEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Chestnut Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Street |
| Oct 2024 | Other crime | Under investigation | On or near Occupation Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Reservoir Street |
| Aug 2024 | Anti-social behaviour | On or near Reservoir Street |