£414,462
This estimated value is based upon the latest sale price for the house of £410,000 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 5 Apr 2023 |
| £355,000 | 9 Dec 2020 |
| £315,000 | 30 Nov 2017 |
| 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 April 2023 the House Price Index for LINCOLNSHIRE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £410,000 results in an estimated price of approximately £414,462.
| 5 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £410,000 | £4,462 | £414,462 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 22.139 % | £90,769 | £500,769 |
| 3 Month Average | -19.149 % | £-78,509 | £331,490 |
| 6 Month Average | -18.793 % | £-77,049 | £332,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £414,463 | £410,000 | LOW BARN SCHOOL LANE |
| 28 Mar 2023 | £383,614 | £380,000 | ABBOTS VIEW |
| 31 Jan 2023 | £313,523 | £315,000 | GROVE CLIFF |
| 20 Jan 2023 | £686,765 | £690,000 | NORTH CLIFF HOUSE |
| 8 Aug 2022 | £1,196,779 | £1,200,000 | BEECHWOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near School Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Middle Street |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Woodlands Edge |
| Apr 2024 | Drugs | Under investigation | On or near Woodlands Edge |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Woodlands Edge |