£7,152
This estimated value is based upon the latest sale price for the house of £7,000 on 8 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £7,000 | 8 Jun 2022 |
| £190,000 | 2 Feb 2007 |
| 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 June 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £7,000 results in an estimated price of approximately £7,152.
| 8 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £7,000 | £152 | £7,152 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | 36.166 % | £2,531 | £9,531 |
| 3 Month Average | 23.357 % | £1,634 | £8,634 |
| 6 Month Average | 19.587 % | £1,371 | £8,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £275,000 | £275,000 | SUNNYDENE SALMONBY ROAD |
| 24 Nov 2023 | £312,944 | £305,000 | THE BUNGALOW MILL LANE |
| 18 Apr 2023 | £282,280 | £277,000 | 4 MILL LANE |
| 6 Mar 2023 | £121,987 | £119,950 | FAIRY TALE COTTAGE MILL LANE |
| 26 Aug 2022 | £244,533 | £243,390 | 5 NORTH ROAD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Southview Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Southview Gardens |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Road |
| Oct 2024 | Anti-social behaviour | On or near Hawthorn Lane |