£273,963
This estimated value is based upon the latest sale price for the house of £220,000 on 16 May 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 16 May 2019 |
| £215,500 | 31 May 2007 |
| £165,500 | 8 Apr 2004 |
| £30,000 | 4 Apr 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 May 2019 the House Price Index for LINCOLNSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £220,000 results in an estimated price of approximately £273,963.
| 16 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £220,000 | £53,963 | £273,963 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 56.737 % | £124,821 | £344,821 |
| 3 Month Average | 14.780 % | £32,515 | £252,515 |
| 6 Month Average | 19.148 % | £42,126 | £262,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £271,159 | £265,000 | 4 GAINSBOROUGH ROAD |
| 22 Sep 2023 | £247,455 | £242,000 | 15 GAINSBOROUGH ROAD |
| 20 Sep 2023 | £77,713 | £76,000 | 44 HIGH STREET |
| 14 Apr 2023 | £267,503 | £262,500 | 4 PADDOCK LANE EAST |
| 29 Jul 2022 | £252,530 | £250,000 | ROSEWELL GAINSBOROUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Haven Close | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near St Martin'S Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Paddock Lane |
| Jul 2024 | Anti-social behaviour | On or near Sandbeck Lane |