£449,950
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Nov 2004. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Nov 2004 |
| £104,950 | 22 May 2003 |
| £85,000 | 28 Sep 2001 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in November 2004 the House Price Index for NORTH LINCOLNSHIRE was 78.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 87.479%.Applying this 87.479% change to the original purchase price of £240,000 results in an estimated price of approximately £449,950.
| 1 Nov 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.0 | 87.479 % | £240,000 | £209,950 | £449,950 |
The Postcode Pricing Model uses changes in average sales price within the LN7 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 | 103.472 % | £248,333 | £488,333 |
| 3 Month Average | 58.211 % | £139,705 | £379,705 |
| 6 Month Average | 46.000 % | £110,400 | £350,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £154,251 | £153,000 | LANGLEY COTTAGE MAIN STREET |
| 8 Jun 2023 | £189,033 | £187,500 | 2A WOLD GARDENS |
| 18 Aug 2022 | £183,758 | £185,000 | 28 MAIN STREET |
| 20 Jul 2022 | £279,622 | £280,000 | KENRENE MAIN STREET |
| 6 Jul 2022 | £114,845 | £115,000 | 6 LINDUM WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Main Street | |
| Jan 2024 | Anti-social behaviour | On or near Main Street | |
| Jan 2024 | Anti-social behaviour | On or near Main Street | |
| Jan 2024 | Anti-social behaviour | On or near Main Street | |
| Feb 2024 | Anti-social behaviour | On or near Cadney Road |