£218,625
This estimated value is based upon the latest sale price for the house of £163,000 on 10 Aug 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £163,000 | 10 Aug 2016 |
| 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £163,000 results in an estimated price of approximately £218,625.
| 10 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £163,000 | £55,625 | £218,625 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 39.359 % | £64,154 | £227,154 |
| 3 Month Average | 42.605 % | £69,446 | £232,446 |
| 6 Month Average | 39.274 % | £64,016 | £227,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £167,136 | £162,000 | WESTLANDS STATION ROAD |
| 1 Dec 2023 | £299,194 | £290,000 | ASHLEA CHURCH LANE |
| 15 Sep 2023 | £434,580 | £425,000 | THE WILLOWS MILL LANE |
| 18 Jan 2023 | £401,072 | £400,000 | THE RECTORY CHURCH LANE |
| 5 Aug 2022 | £241,128 | £240,000 | BRANDON LODGE STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Cowle Lane | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Aug 2024 | Anti-social behaviour | On or near Station Road | |
| Aug 2024 | Anti-social behaviour | On or near Station Road | |
| Aug 2024 | Anti-social behaviour | On or near Station Road |