£238,825
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Sep 2021 |
| 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £220,000 results in an estimated price of approximately £238,825.
| 20 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £220,000 | £18,825 | £238,825 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 11.629 % | £25,582 | £245,582 |
| 3 Month Average | 15.955 % | £35,100 | £255,100 |
| 6 Month Average | 5.252 % | £11,554 | £231,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £363,002 | £355,000 | BAYTREE HOUSE STATION ROAD |
| 16 Jun 2023 | £403,078 | £395,000 | THE OLD RECTORY STATION ROAD |
| 5 Apr 2023 | £341,385 | £335,000 | B & C EXPRESS LTD STATION ROAD |
| 10 Mar 2023 | £528,832 | £520,000 | ROWAN TREE COTTAGE CROSS STREET |
| 17 Feb 2023 | £261,748 | £260,000 | HAVEN COTTAGE MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Main Road |
| Oct 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Oct 2024 | Other theft | Under investigation | On or near Barff Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Barff Road |