£113,175
This estimated value is based upon the latest sale price for the house of £110,000 on 12 Jul 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 12 Jul 2023 |
| 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 July 2023 the House Price Index for LINCOLNSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £110,000 results in an estimated price of approximately £113,175.
| 12 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £110,000 | £3,175 | £113,175 |
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 | -9.538 % | £-10,491 | £99,508 |
| 3 Month Average | 6.290 % | £6,919 | £116,919 |
| 6 Month Average | 0.447 % | £492 | £110,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £199,230 | £197,500 | THE CONIFERS SANDY BANK ROAD |
| 28 Mar 2024 | £213,277 | £210,000 | WHEELWRIGHTS COTTAGE BUNKERS HILL |
| 18 Sep 2023 | £460,143 | £450,000 | HOMEFIELDS CHAPEL ROAD |
| 3 Mar 2023 | £386,454 | £380,000 | THE GLEBE LINGHALL LANE |
| 28 Oct 2022 | £274,085 | £275,000 | OLD CHELSEA COTTAGE BUNKERS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandy Bank Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Langrick Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Langrick Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wildmore Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Wildmore Close |