£390,804
This estimated value is based upon the latest sale price for the house of £360,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 3 Sep 2021 |
| £160,000 | 8 Feb 2002 |
| 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £360,000 results in an estimated price of approximately £390,804.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £360,000 | £30,804 | £390,804 |
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 | -5.279 % | £-19,005 | £340,994 |
| 3 Month Average | -10.956 % | £-39,439 | £320,560 |
| 6 Month Average | -9.032 % | £-32,515 | £327,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £175,000 | £175,000 | 14 BRIAR CLOSE |
| 8 Dec 2023 | £201,182 | £195,000 | 22 BEECHCROFT CLOSE |
| 23 Oct 2023 | £204,648 | £200,000 | 24 BEECHCROFT CLOSE |
| 16 Jun 2023 | £204,090 | £200,000 | 21 BRIAR CLOSE |
| 5 Jun 2023 | £219,397 | £215,000 | 598 NEWARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Beechcroft Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jun 2024 | Drugs | Awaiting court outcome | On or near Newark Road |