£318,535
This estimated value is based upon the latest sale price for the house of £185,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 23 Mar 2012 |
| £180,000 | 23 May 2008 |
| £156,000 | 27 May 2004 |
| £86,950 | 10 Aug 2001 |
| £64,000 | 11 Jul 1997 |
| Semi-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 March 2012 the House Price Index for LINCOLNSHIRE was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £185,000 results in an estimated price of approximately £318,535.
| 23 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £185,000 | £133,535 | £318,535 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | -18.284 % | £-33,824 | £151,175 |
| 3 Month Average | 50.552 % | £93,521 | £278,521 |
| 6 Month Average | 45.434 % | £84,053 | £269,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £625,888 | £610,000 | BROOKSIDE BAUMBER ROAD |
| 27 Mar 2023 | £627,479 | £617,000 | WOODLAND VIEW |
| 10 Mar 2023 | £287,298 | £282,500 | THE COTTAGE |
| 17 Feb 2023 | £143,962 | £143,000 | WELL COTTAGE |
| 11 Nov 2022 | £447,906 | £450,000 | GLEBE FARM HORNCASTLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Elder Tree Way | |
| Jul 2024 | Anti-social behaviour | On or near Elder Tree Way | |
| Jul 2024 | Anti-social behaviour | On or near Elder Tree Way | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bucknall Road |
| Sep 2024 | Other crime | Under investigation | On or near Horncastle Road |