£309,206
This estimated value is based upon the latest sale price for the house of £295,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 7 Jan 2022 |
| 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 January 2022 the House Price Index for LINCOLNSHIRE was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £295,000 results in an estimated price of approximately £309,206.
| 7 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £295,000 | £14,206 | £309,206 |
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 | 18.421 % | £54,342 | £349,342 |
| 3 Month Average | 28.925 % | £85,327 | £380,327 |
| 6 Month Average | 4.033 % | £11,898 | £306,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £282,289 | £280,000 | 8 LAING CLOSE |
| 16 Mar 2023 | £206,114 | £205,000 | 101 WRAGBY ROAD |
| 13 Jun 2022 | £186,894 | £185,000 | 11 LAING CLOSE |
| 10 Jun 2022 | £338,430 | £335,000 | 18 BARTHOLOMEW CLOSE |
| 30 May 2022 | £185,761 | £183,000 | 16 BARTHOLOMEW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| Feb 2024 | Other theft | Under investigation | On or near Saxon Way |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Norman Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lea Grove |
| Mar 2024 | Shoplifting | Local resolution | On or near Supermarket |