£369,339
This estimated value is based upon the latest sale price for the house of £200,000 on 12 Aug 2005. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 12 Aug 2005 |
| Terraced |
| 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 August 2005 the House Price Index for LINCOLNSHIRE was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £200,000 results in an estimated price of approximately £369,339.
| 12 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £200,000 | £169,339 | £369,339 |
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 | 47.185 % | £94,369 | £294,369 |
| 3 Month Average | 45.471 % | £90,942 | £290,942 |
| 6 Month Average | 47.346 % | £94,692 | £294,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £208,482 | £205,000 | 3B NAAM PLACE |
| 23 Mar 2023 | £272,552 | £268,000 | 79A BURTON ROAD |
| 10 Mar 2023 | £274,586 | £270,000 | 88 RASEN LANE |
| 27 Feb 2023 | £196,815 | £195,500 | 6 OCCUPATION ROAD |
| 12 Oct 2022 | £460,960 | £462,500 | 26 - 28 BURTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Naam Place |
| Sep 2024 | Anti-social behaviour | On or near Naam Place | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Naam Place |
| Sep 2024 | Anti-social behaviour | On or near Naam Place | |
| Aug 2024 | Anti-social behaviour | On or near Naam Place |