£245,940
This estimated value is based upon the latest sale price for the house of £197,000 on 3 Jul 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,000 | 3 Jul 2018 |
| £185,000 | 26 Apr 2013 |
| 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 2018 the House Price Index for LINCOLNSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £197,000 results in an estimated price of approximately £245,940.
| 3 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £197,000 | £48,940 | £245,940 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 18.015 % | £35,490 | £232,490 |
| 3 Month Average | 26.128 % | £51,471 | £248,471 |
| 6 Month Average | 25.639 % | £50,509 | £247,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £63,048 | £62,500 | 69 PENTLAND DRIVE |
| 21 Jun 2023 | £260,215 | £255,000 | 28 MONTROSE GROVE |
| 2 Jun 2023 | £253,072 | £248,000 | 6 MONTROSE GROVE |
| 5 May 2022 | £231,019 | £225,000 | 6 RENFREW DRIVE |
| 18 Mar 2022 | £177,469 | £170,000 | 20 MONTROSE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Renfrew Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Montrose Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Montrose Grove |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Montrose Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Montrose Grove |