£714,203
This estimated value is based upon the latest sale price for the house of £571,375 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £571,375 | 31 Jan 2018 |
| 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 2018 the House Price Index for LINCOLNSHIRE was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £571,375 results in an estimated price of approximately £714,203.
| 31 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £571,375 | £142,828 | £714,203 |
The Postcode Pricing Model uses changes in average sales price within the LN9 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 | -27.605 % | £-157,729 | £413,645 |
| 3 Month Average | 10.968 % | £62,670 | £634,045 |
| 6 Month Average | 15.542 % | £88,802 | £660,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £617,933 | £610,000 | BROOKSIDE BAUMBER ROAD |
| 30 Aug 2023 | £266,621 | £265,000 | BELMONT VIEW SILVER STREET |
| 27 Mar 2023 | £620,353 | £617,000 | WOODLAND VIEW |
| 10 Mar 2023 | £284,035 | £282,500 | THE COTTAGE |
| 1 Mar 2023 | £371,910 | £369,900 | LIMES FARM COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Silver Street | |
| Mar 2024 | Anti-social behaviour | On or near Silver Street | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horncastle Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near The Grove |
| Mar 2024 | Burglary | Under investigation | On or near The Grove |