£597,258
This estimated value is based upon the latest sale price for the house of £522,500 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£522,500 | 18 Dec 2020 |
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 December 2020 the House Price Index for LINCOLNSHIRE was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £522,500 results in an estimated price of approximately £597,258.
18 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £522,500 | £74,758 | £597,258 |
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 | -7.862 % | £-41,081 | £481,418 |
3 Month Average | -6.533 % | £-34,134 | £488,365 |
6 Month Average | -0.475 % | £-2,483 | £520,016 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £174,000 | £174,000 | 12 INGAMELLS DRIVE |
15 Dec 2023 | £631,956 | £620,000 | CARRIERS FARM MAIN STREET |
30 Aug 2023 | £427,600 | £425,000 | 4 HORTON PLACE |
28 Jul 2023 | £167,181 | £165,600 | UNIT 9 STIRLIN COURT SKELLINGTHORPE ROAD |
28 Apr 2023 | £137,824 | £136,800 | UNIT 13 STIRLIN COURT SAXILBY ENTERPRISE PARK SKELLINGTHORPE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sturton Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Botolphs Close |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near St Botolphs Close |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Horton Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hilton Court |