£598,108
This estimated value is based upon the latest sale price for the house of £480,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 17 Aug 2018 |
| Terraced |
| 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 2018 the House Price Index for LINCOLNSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £480,000 results in an estimated price of approximately £598,108.
| 17 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £480,000 | £118,108 | £598,108 |
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 | 26.084 % | £125,205 | £605,205 |
| 3 Month Average | 32.275 % | £154,917 | £634,917 |
| 6 Month Average | 30.039 % | £144,188 | £624,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2024 | £420,000 | £420,000 | ORCHARD WELL CHURCH ROAD |
| 26 Oct 2023 | £374,506 | £366,000 | 36 SILVER STREET |
| 24 Aug 2023 | £193,490 | £190,000 | 5A SILVER STREET |
| 28 Jun 2023 | £283,175 | £277,500 | 6 - 7 CHAPEL ROAD |
| 25 Apr 2023 | £361,767 | £355,000 | WESTWARD COTTAGE SILVER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Easom Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rectory Lane |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Rectory Lane |
| Oct 2024 | Public order | Under investigation | On or near Abel Smith Gardens |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Abel Smith Gardens |