£271,108
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Oct 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Oct 2018 |
| £78,250 | 15 Jul 1997 |
| 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 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £220,000 results in an estimated price of approximately £271,108.
| 23 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £220,000 | £51,108 | £271,108 |
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 | 13.654 % | £30,038 | £250,038 |
| 3 Month Average | 20.042 % | £44,092 | £264,092 |
| 6 Month Average | 25.672 % | £56,477 | £276,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £191,677 | £190,000 | 14 CAVALRY COURT |
| 10 Feb 2023 | £267,320 | £267,500 | 44 HIGH STREET |
| 31 Jan 2023 | £221,457 | £222,500 | 5 FEN ROAD |
| 11 May 2022 | £168,169 | £165,000 | 9 GRANGE ROAD |
| 14 Apr 2022 | £179,185 | £174,000 | 16 FEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Field Farm Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Close |