£387,809
This estimated value is based upon the latest sale price for the house of £285,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 29 Mar 2016 |
| £114,000 | 19 Mar 2001 |
| 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 March 2016 the House Price Index for LINCOLNSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £285,000 results in an estimated price of approximately £387,809.
| 29 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £285,000 | £102,809 | £387,809 |
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 | 27.859 % | £79,399 | £364,399 |
| 3 Month Average | 33.269 % | £94,817 | £379,817 |
| 6 Month Average | 34.663 % | £98,789 | £383,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £966,000 | £966,000 | PARK HOUSE MAIN DRIVE |
| 30 Oct 2023 | £368,366 | £360,000 | 13 GREEN WAY |
| 1 Mar 2023 | £443,507 | £436,100 | 8 MAIN DRIVE |
| 17 Nov 2022 | £423,022 | £425,000 | 6 MAIN DRIVE |
| 19 Aug 2022 | £688,218 | £685,000 | 11 MAIN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Green Way |
| Aug 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parklands Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parklands Drive |
| Sep 2024 | Other theft | Under investigation | On or near Holme Drive |