£314,298
This estimated value is based upon the latest sale price for the house of £308,000 on 14 Jun 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £308,000 | 14 Jun 2023 |
| £274,000 | 9 Aug 2010 |
| £88,250 | 24 Feb 1998 |
| 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 June 2023 the House Price Index for LINCOLNSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £308,000 results in an estimated price of approximately £314,298.
| 14 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £308,000 | £6,298 | £314,298 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | -34.233 % | £-105,438 | £202,561 |
| 3 Month Average | -9.239 % | £-28,456 | £279,543 |
| 6 Month Average | -4.644 % | £-14,302 | £293,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £403,504 | £400,000 | 17 NORTH LANE |
| 12 Dec 2023 | £644,814 | £625,000 | QUENDALE HOUSE MAIN STREET |
| 14 Aug 2023 | £254,592 | £250,000 | 11 TOP FARM AVENUE |
| 3 Aug 2023 | £1,222,041 | £1,200,000 | SPINDLES FAR END |
| 14 Jun 2023 | £314,299 | £308,000 | FIRETHORN MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Castle Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Farm |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near High Street |
| Jul 2024 | Anti-social behaviour | On or near High Street | |
| Jul 2024 | Anti-social behaviour | On or near High Street |