£778,900
This estimated value is based upon the latest sale price for the house of £229,950 on 1 Jul 2001. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Priory Close
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| Price Paid | Date |
|---|---|
| £229,950 | 1 Jul 2001 |
| £225,000 | 30 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 2001 the House Price Index for LINCOLNSHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £229,950 results in an estimated price of approximately £778,900.
| 1 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £229,950 | £548,950 | £778,900 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 240.783 % | £553,681 | £783,631 |
| 3 Month Average | 236.639 % | £544,151 | £774,101 |
| 6 Month Average | 216.772 % | £498,466 | £728,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £211,499 | £205,000 | 28 PRIORY CLOSE |
| 14 Aug 2023 | £198,582 | £195,000 | 41 PRIORY CLOSE |
| 30 Jun 2023 | £255,112 | £250,000 | 29 MOUNT PLEASANT |
| 17 Apr 2023 | £173,240 | £170,000 | 10 PRIORY CLOSE |
| 4 Jan 2023 | £70,188 | £70,000 | 18 PRIORY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Priory Close |
| Aug 2024 | Anti-social behaviour | On or near Priory Close | |
| Aug 2024 | Anti-social behaviour | On or near Priory Close | |
| Aug 2024 | Anti-social behaviour | On or near Priory Close | |
| Aug 2024 | Anti-social behaviour | On or near Monks Avenue |