£289,708
This estimated value is based upon the latest sale price for the house of £232,500 on 8 Aug 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,500 | 8 Aug 2018 |
| £167,500 | 29 Feb 2012 |
| £50,000 | 29 Sep 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 August 2018 the House Price Index for LINCOLNSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £232,500 results in an estimated price of approximately £289,708.
| 8 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £232,500 | £57,208 | £289,708 |
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 | 25.610 % | £59,543 | £292,043 |
| 3 Month Average | 20.649 % | £48,008 | £280,508 |
| 6 Month Average | 20.430 % | £47,500 | £280,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £214,734 | £210,000 | 78 SWALLOW AVENUE |
| 6 Jul 2022 | £237,379 | £235,000 | 93 SWALLOW AVENUE |
| 1 Jun 2022 | £245,242 | £240,000 | 1 LAPWING CLOSE |
| 18 Mar 2022 | £243,236 | £233,000 | 56 WATERLOO LANE |
| 18 Feb 2022 | £290,526 | £275,000 | 18 LAPWING CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Lane |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Goldfinch Close |
| Aug 2024 | Vehicle crime | Under investigation | On or near Mallard Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mallard Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martin Close |