£612,387
This estimated value is based upon the latest sale price for the house of £495,000 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £495,000 | 9 Mar 2018 |
| 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 March 2018 the House Price Index for LINCOLNSHIRE was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £495,000 results in an estimated price of approximately £612,387.
| 9 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £495,000 | £117,387 | £612,387 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 4.804 % | £23,781 | £518,781 |
| 3 Month Average | 13.655 % | £67,593 | £562,593 |
| 6 Month Average | 15.601 % | £77,227 | £572,227 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welwyn Close |
| Feb 2024 | Drugs | Offender given a caution | On or near Welwyn Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Welwyn Close |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Police Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Police Station |