£239,558
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Nov 2014 |
| £142,000 | 24 Nov 2005 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
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 November 2014 the House Price Index for LINCOLNSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £160,000 results in an estimated price of approximately £239,558.
| 28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £160,000 | £79,558 | £239,558 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 20.150 % | £32,240 | £192,240 |
| 3 Month Average | 33.930 % | £54,287 | £214,287 |
| 6 Month Average | 37.515 % | £60,024 | £220,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £126,705 | £125,000 | 90 DE WINT AVENUE |
| 20 Jul 2023 | £184,483 | £182,000 | 13 BOURNE CLOSE |
| 14 Jul 2023 | £187,524 | £185,000 | 103 DE WINT AVENUE |
| 16 Sep 2022 | £312,477 | £315,000 | 418 NEWARK ROAD |
| 15 Jul 2022 | £195,526 | £195,000 | 4 GREGG HALL CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Jul 2014. Using an estimated price of £239,559 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on THE COTTAGE PADDOCK is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cottage Paddock |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cottage Paddock |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cottage Paddock |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Romney Drive |