£229,834
This estimated value is based upon the latest sale price for the house of £158,500 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £158,500 | 17 Jul 2015 |
| £130,000 | 26 Jan 2007 |
| £45,000 | 24 Nov 1995 |
| Semi-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 2015 the House Price Index for LINCOLNSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £158,500 results in an estimated price of approximately £229,834.
| 17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £158,500 | £71,334 | £229,834 |
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 | 14.689 % | £23,282 | £181,782 |
| 3 Month Average | 38.748 % | £61,416 | £219,916 |
| 6 Month Average | 38.148 % | £60,464 | £218,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £224,959 | £220,000 | 16 SPRING COURT |
| 26 Jun 2023 | £214,294 | £210,000 | 5 ST MARYS AVENUE |
| 24 Aug 2022 | £306,433 | £305,000 | 9 LANCASTER COURT |
| 8 Jul 2022 | £168,690 | £167,000 | 20 ST MARYS AVENUE |
| 4 Jul 2022 | £207,075 | £205,000 | 4 RYLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Court |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Barnes Wallis Court |
| Oct 2024 | Public order | Under investigation | On or near Supermarket |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |