£311,781
This estimated value is based upon the latest sale price for the house of £159,950 on 9 Jul 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,950 | 9 Jul 2004 |
| £81,950 | 17 Nov 2000 |
| £74,950 | 2 Jul 1999 |
| 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 July 2004 the House Price Index for LINCOLNSHIRE was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £159,950 results in an estimated price of approximately £311,781.
| 9 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £159,950 | £151,831 | £311,781 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 59.499 % | £95,168 | £255,118 |
| 3 Month Average | 81.618 % | £130,547 | £290,497 |
| 6 Month Average | 78.474 % | £125,518 | £285,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £353,230 | £348,000 | 14 RIVERMEAD |
| 17 Jul 2023 | £248,342 | £245,000 | 161 HYKEHAM ROAD |
| 7 Jul 2023 | £238,206 | £235,000 | 197 HYKEHAM ROAD |
| 6 Jul 2023 | £299,025 | £295,000 | 166 HYKEHAM ROAD |
| 7 Mar 2023 | £328,091 | £325,000 | 186 HYKEHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rivermead |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rivermead |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rivermead Close |
| Feb 2024 | Burglary | Under investigation | On or near Hykeham Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gregg Hall Drive |