£342,712
This estimated value is based upon the latest sale price for the house of £290,000 on 26 Oct 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 26 Oct 2020 |
| £266,000 | 16 Nov 2017 |
| £217,000 | 24 Sep 2014 |
| £194,500 | 29 Oct 2004 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 sq feet |
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 2020 the House Price Index for LINCOLNSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £290,000 results in an estimated price of approximately £342,712.
| 26 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £290,000 | £52,712 | £342,712 |
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 | 4.921 % | £14,270 | £304,270 |
| 3 Month Average | -1.201 % | £-3,483 | £286,516 |
| 6 Month Average | 6.136 % | £17,795 | £307,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £168,835 | £165,000 | 33 CARRAM WAY |
| 27 Mar 2023 | £271,535 | £267,000 | 36 CARRAM WAY |
| 28 Feb 2022 | £127,831 | £121,000 | 50 CARRAM WAY |
| 28 Jan 2022 | £307,458 | £290,000 | 17 CARRAM WAY |
| 24 Sep 2021 | £151,980 | £140,000 | 8 DORRIGAN CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 30 Jun 2014. Using an estimated price of £342,712 means this house is valued at £2,904 per sq meter (£269 per sq foot).
The average size of a house on DORRIGAN CLOSE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorrigan Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benbow Way |