£613,105
This estimated value is based upon the latest sale price for the house of £600,000 on 27 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £600,000 | 27 Jun 2022 |
| £385,000 | 8 Dec 2006 |
| £59,000 | 15 Jun 2001 |
| £40,000 | 10 Apr 2000 |
| 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 June 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £600,000 results in an estimated price of approximately £613,105.
| 27 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £600,000 | £13,105 | £613,105 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -36.805 % | £-220,832 | £379,167 |
| 3 Month Average | 6.160 % | £36,962 | £636,962 |
| 6 Month Average | 2.601 % | £15,608 | £615,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £156,358 | £155,000 | 30 LUPIN ROAD |
| 22 Jun 2023 | £209,192 | £205,000 | 37 LUPIN ROAD |
| 31 Mar 2023 | £160,175 | £157,500 | 78 LUPIN ROAD |
| 27 Jun 2022 | £613,106 | £600,000 | OAK HOUSE SHERIDAN CLOSE |
| 16 Jun 2022 | £224,805 | £220,000 | 6 PENNYCRESS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Sheridan Close | |
| Jun 2024 | Anti-social behaviour | On or near Sheridan Close | |
| Jun 2024 | Other theft | Under investigation | On or near Sheridan Close |
| Jun 2024 | Anti-social behaviour | On or near Sheridan Close | |
| Jun 2024 | Anti-social behaviour | On or near Sheridan Close |