£177,104
This estimated value is based upon the latest sale price for the house of £124,950 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Painshall Close
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| Price Paid | Date |
|---|---|
| £124,950 | 23 Oct 2015 |
| £103,750 | 20 Apr 2012 |
| £114,950 | 22 Aug 2006 |
| £98,000 | 28 Nov 2003 |
| £37,000 | 30 Sep 1998 |
| 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 October 2015 the House Price Index for LINCOLNSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £124,950 results in an estimated price of approximately £177,104.
| 23 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £124,950 | £52,154 | £177,104 |
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 | 21.206 % | £26,496 | £151,446 |
| 3 Month Average | 21.280 % | £26,589 | £151,539 |
| 6 Month Average | 30.036 % | £37,530 | £162,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £184,057 | £180,000 | 12 THE SPINNEYS |
| 8 Sep 2023 | £224,959 | £220,000 | 16 SPRING COURT |
| 17 Mar 2023 | £216,618 | £213,000 | 17 EAGLE DRIVE |
| 24 Nov 2022 | £169,209 | £170,000 | 24 THE SPINNEYS |
| 27 May 2022 | £226,912 | £221,000 | 8 THE SPINNEYS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Painshall Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Eagle Drive |
| Aug 2024 | Public order | Under investigation | On or near Westhall Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Brinkhall Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gorehall Drive |