£775,970
This estimated value is based upon the latest sale price for the house of £315,000 on 15 Jan 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 15 Jan 2003 |
| £175,000 | 17 May 2000 |
| 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 January 2003 the House Price Index for LINCOLNSHIRE was 60.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 146.340%.Applying this 146.340% change to the original purchase price of £315,000 results in an estimated price of approximately £775,970.
| 15 Jan 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.0 | 146.340 % | £315,000 | £460,970 | £775,970 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 115.168 % | £362,780 | £677,780 |
| 3 Month Average | 116.348 % | £366,497 | £681,497 |
| 6 Month Average | 121.192 % | £381,753 | £696,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £132,507 | £130,000 | 25 ALLEN CLOSE |
| 14 Dec 2023 | £147,796 | £145,000 | 6 ALLEN CLOSE |
| 9 Nov 2023 | £101,300 | £100,000 | 9 ELIZABETH DRIVE |
| 13 Jul 2023 | £169,604 | £168,000 | 1 ELIZABETH DRIVE |
| 24 Mar 2023 | £64,348 | £64,000 | FLAT 3 THE GRANARY, 2 BIRTHORPE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Allen Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Drive |
| Mar 2024 | Anti-social behaviour | On or near The Courtyard | |
| Mar 2024 | Anti-social behaviour | On or near The Courtyard |