£312,316
This estimated value is based upon the latest sale price for the house of £279,950 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Addison Place
More crime details
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| Price Paid | Date |
|---|---|
| £279,950 | 27 Aug 2021 |
| £250,000 | 3 Apr 2019 |
| 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 August 2021 the House Price Index for LINCOLNSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £279,950 results in an estimated price of approximately £312,316.
| 27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £279,950 | £32,366 | £312,316 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 6.609 % | £18,502 | £298,452 |
| 3 Month Average | -23.460 % | £-65,676 | £214,273 |
| 6 Month Average | -19.899 % | £-55,706 | £224,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £154,475 | £152,500 | 5 ADDISON PLACE |
| 18 Aug 2023 | £131,147 | £130,000 | 11 KETTLETHORPE ROAD |
| 15 Jun 2023 | £265,719 | £262,500 | WHITE HOUSE FARM MALTKILN ROAD |
| 26 Aug 2022 | £426,851 | £428,000 | 25 MALTKILN ROAD |
| 21 Jul 2022 | £521,404 | £520,000 | 7 LINCOLN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Addison Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Addison Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Addison Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Addison Place |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Addison Place |