£162,404
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Jan 2024. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 25 Jan 2024 |
| £83,000 | 23 Feb 2007 |
| £38,000 | 15 Feb 2001 |
| Semi-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 January 2024 the House Price Index for LINCOLNSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £160,000 results in an estimated price of approximately £162,404.
| 25 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £160,000 | £2,404 | £162,404 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | -5.325 % | £-8,519 | £151,480 |
| 3 Month Average | -3.652 % | £-5,842 | £154,157 |
| 6 Month Average | 3.106 % | £4,969 | £164,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £177,267 | £175,000 | MALABAR HIGH STREET |
| 16 Jun 2023 | £275,841 | £272,500 | 4 BECK CLOSE |
| 21 Apr 2023 | £323,483 | £320,000 | 2 CHURCH VIEW BUSINESS CENTRE |
| 24 Feb 2023 | £649,563 | £650,000 | CHURCH HOUSE ST MARYS LANE |
| 30 Jun 2022 | £243,440 | £240,000 | BRAYBROOK SPRING BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Jan 2024 | Anti-social behaviour | On or near Market Place | |
| Jan 2024 | Anti-social behaviour | On or near Market Place | |
| Jan 2024 | Anti-social behaviour | On or near Market Place | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rectory Close |