£616,682
This estimated value is based upon the latest sale price for the house of £465,000 on 20 Jul 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £465,000 | 20 Jul 2016 |
| £275,000 | 9 May 2002 |
| 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £465,000 results in an estimated price of approximately £616,682.
| 20 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £465,000 | £151,682 | £616,682 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 24.348 % | £113,216 | £578,216 |
| 3 Month Average | 26.504 % | £123,242 | £588,242 |
| 6 Month Average | 31.468 % | £146,325 | £611,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,161,983 | £1,140,000 | THE GAMEKEEPER NEWARK ROAD |
| 24 Jul 2023 | £244,311 | £242,000 | 12 BOWTHORPE CLOSE |
| 24 Feb 2023 | £208,016 | £209,000 | 52 THORPE LANE |
| 10 Feb 2023 | £208,016 | £209,000 | 44 THORPE LANE |
| 5 Sep 2022 | £254,900 | £258,000 | 3 THORPE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Acorn Drive | |
| Jan 2024 | Anti-social behaviour | On or near Acorn Drive | |
| Jan 2024 | Anti-social behaviour | On or near Acorn Drive | |
| Jan 2024 | Anti-social behaviour | On or near Acorn Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bowthorpe Close |