£282,162
This estimated value is based upon the latest sale price for the house of £275,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near New Lane
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £275,000 | 17 Nov 2023 |
| 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 November 2023 the House Price Index for LINCOLNSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £275,000 results in an estimated price of approximately £282,162.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £275,000 | £7,162 | £282,162 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 19.829 % | £54,528 | £329,528 |
| 3 Month Average | -7.185 % | £-19,759 | £255,240 |
| 6 Month Average | -2.356 % | £-6,479 | £268,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £282,162 | £275,000 | LASTOVER |
| 17 Nov 2023 | £446,330 | £435,000 | CORNER HOUSE |
| 10 Nov 2023 | £425,809 | £415,000 | THE HOLLIES LITTLE CROWTREE LANE |
| 14 Sep 2022 | £394,736 | £395,000 | LAKE VIEW |
| 28 Mar 2022 | £793,389 | £760,000 | 55 HORNCASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near New Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |