£414,636
This estimated value is based upon the latest sale price for the house of £282,000 on 14 May 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £282,000 | 14 May 2015 |
| £115,000 | 29 Nov 2002 |
| £100,000 | 29 Apr 2002 |
| 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 2015 the House Price Index for LINCOLNSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £282,000 results in an estimated price of approximately £414,636.
| 14 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £282,000 | £132,636 | £414,636 |
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 | 54.595 % | £153,958 | £435,958 |
| 3 Month Average | 52.291 % | £147,460 | £429,460 |
| 6 Month Average | 42.835 % | £120,795 | £402,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £490,059 | £475,000 | NEWBY VICARAGE LANE |
| 6 Oct 2023 | £373,483 | £365,000 | POST OFFICE COTTAGE MIDDLE STREET |
| 10 Aug 2023 | £234,224 | £230,000 | BROOK VILLA CHAPEL LANE |
| 6 Sep 2022 | £584,609 | £585,000 | MANOR LODGE VICARAGE LANE |
| 30 Jun 2022 | £404,205 | £395,565 | THE ORCHARDS LINCOLN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Lincoln Road |
| Aug 2024 | Anti-social behaviour | On or near Halls Court | |
| Aug 2024 | Anti-social behaviour | On or near Halls Court | |
| Jun 2024 | Anti-social behaviour | On or near Middle Street | |
| Jun 2024 | Anti-social behaviour | On or near Middle Street |