£480,387
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 21 Oct 2016 |
| £170,000 | 24 Oct 2014 |
| Flats/Maisonettes |
| Leasehold |
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 October 2016 the House Price Index for LINCOLNSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £360,000 results in an estimated price of approximately £480,387.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £360,000 | £120,387 | £480,387 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 2.985 % | £10,744 | £370,744 |
| 3 Month Average | 18.555 % | £66,799 | £426,799 |
| 6 Month Average | 23.446 % | £84,404 | £444,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £247,609 | £240,000 | 31 WRAGBY ROAD |
| 22 Aug 2023 | £448,082 | £440,000 | 34 GREETWELL GATE |
| 1 Jun 2023 | £392,873 | £385,000 | 37 GREETWELL GATE |
| 10 Jun 2022 | £250,352 | £245,000 | 32 LANGWORTHGATE |
| 17 Feb 2022 | £248,267 | £235,000 | APARTMENT 1, 7 LANGWORTHGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Langworthgate |
| Sep 2024 | Other crime | Under investigation | On or near St Leonard'S Lane |
| Sep 2024 | Anti-social behaviour | On or near St Leonard'S Lane | |
| Aug 2024 | Anti-social behaviour | On or near St Leonard'S Lane | |
| Aug 2024 | Anti-social behaviour | On or near St Leonard'S Lane |