£295,231
This estimated value is based upon the latest sale price for the house of £255,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 30 Jul 2021 |
| £75,000 | 14 May 2001 |
| £74,500 | 8 May 1998 |
| 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 July 2021 the House Price Index for LINCOLNSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £255,000 results in an estimated price of approximately £295,231.
| 30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £255,000 | £40,231 | £295,231 |
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 | -14.596 % | £-37,220 | £217,779 |
| 3 Month Average | -4.396 % | £-11,209 | £243,790 |
| 6 Month Average | -3.548 % | £-9,046 | £245,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £324,993 | £320,000 | 4 JUNIPER DRIVE |
| 22 Mar 2024 | £782,015 | £770,000 | APPLE TREE COTTAGE SCHOOL CRESCENT |
| 19 Dec 2023 | £288,877 | £280,000 | 7 CHURCH STREET |
| 1 Dec 2023 | £306,931 | £297,500 | 5 THE ALDERS |
| 20 Oct 2023 | £350,460 | £342,500 | 23 MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Church Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near School Crescent |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Paddock |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Heathlea |
| Jul 2024 | Anti-social behaviour | On or near The Oaks |