£414,404
This estimated value is based upon the latest sale price for the house of £289,950 on 5 Aug 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £289,950 | 5 Aug 2015 |
| £275,000 | 7 Nov 2007 |
| £130,000 | 20 Feb 2001 |
| £18,500 | 2 Nov 1999 |
| 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 2015 the House Price Index for LINCOLNSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £289,950 results in an estimated price of approximately £414,404.
| 5 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £289,950 | £124,454 | £414,404 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 63.628 % | £184,488 | £474,438 |
| 3 Month Average | 20.805 % | £60,323 | £350,273 |
| 6 Month Average | 49.320 % | £143,004 | £432,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £267,339 | £265,000 | BELMONT VIEW SILVER STREET |
| 16 Jun 2023 | £456,530 | £451,000 | HOMESTEAD |
| 29 Jul 2022 | £285,769 | £285,000 | LEA HOLME WALK LANE |
| 19 Jul 2021 | £201,121 | £175,000 | THE OLD SCHOOL |
| 30 Jun 2021 | £343,336 | £320,000 | GLEBE FARM STURTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |