£427,227
This estimated value is based upon the latest sale price for the house of £340,000 on 11 May 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 11 May 2018 |
| £290,000 | 8 Apr 2010 |
| £255,000 | 19 Nov 2004 |
| £255,000 | 19 Nov 2004 |
| 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 2018 the House Price Index for LINCOLNSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £340,000 results in an estimated price of approximately £427,227.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £340,000 | £87,227 | £427,227 |
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 | 7.370 % | £25,057 | £365,057 |
| 3 Month Average | 47.353 % | £161,000 | £501,000 |
| 6 Month Average | 29.382 % | £99,899 | £439,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £203,673 | £200,000 | ASHFALLS CHAPEL LANE |
| 31 Jan 2023 | £215,576 | £215,000 | 36 GOSHAWK WAY |
| 11 Jan 2023 | £240,643 | £240,000 | FLAT BLUE BELL INN THORPE ROAD |
| 11 Nov 2022 | £454,873 | £457,000 | PINE TREE COTTAGE NORTH ROAD |
| 18 Oct 2022 | £287,041 | £288,000 | KINGSWAY NORTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Chapel Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Lane |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Carrwood Crescent |
| Aug 2024 | Anti-social behaviour | On or near Carrwood Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Carrwood Crescent |