£197,047
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 24 Aug 2020 |
| £124,950 | 24 Jun 2016 |
| £84,950 | 7 Mar 2014 |
| 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 August 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £165,000 results in an estimated price of approximately £197,047.
| 24 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £165,000 | £32,047 | £197,047 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | -70.287 % | £-115,973 | £49,026 |
| 3 Month Average | 21.273 % | £35,100 | £200,100 |
| 6 Month Average | 23.474 % | £38,732 | £203,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £442,905 | £445,000 | THE SPINNEY GLEBE CLOSE |
| 30 Sep 2022 | £340,854 | £345,000 | ROSE COTTAGE |
| 25 Aug 2022 | £483,235 | £486,500 | WILLOWBROOK MILL LANE |
| 12 Apr 2022 | £471,795 | £460,000 | HOLLY HOUSE GLEBE CLOSE |
| 4 Feb 2022 | £302,893 | £290,000 | BLEAK HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crosscliff Hill |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |