£259,093
This estimated value is based upon the latest sale price for the house of £179,950 on 12 Aug 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £179,950 | 12 Aug 2015 |
| £157,500 | 25 Apr 2005 |
| 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 August 2015 the House Price Index for LINCOLNSHIRE was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £179,950 results in an estimated price of approximately £259,093.
| 12 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £179,950 | £79,143 | £259,093 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 39.479 % | £71,041 | £250,991 |
| 3 Month Average | 41.272 % | £74,269 | £254,219 |
| 6 Month Average | 39.758 % | £71,545 | £251,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £117,000 | £117,000 | 11 CHESTER CLOSE |
| 17 Nov 2023 | £194,949 | £190,000 | 19 DURHAM CRESCENT |
| 13 Oct 2023 | £204,648 | £200,000 | 3 BECKET CLOSE |
| 12 Oct 2023 | £301,856 | £295,000 | 28 KEEBLE DRIVE |
| 10 Oct 2023 | £283,949 | £277,500 | 2 KEEBLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Malvern Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chester Close |
| Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Wentworth Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Mews |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Mews |