£656,769
This estimated value is based upon the latest sale price for the house of £605,000 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 |
|---|---|
| £605,000 | 20 Sep 2021 |
| 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 £605,000 results in an estimated price of approximately £656,769.
| 20 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £605,000 | £51,769 | £656,769 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 7.011 % | £42,413 | £647,413 |
| 3 Month Average | -9.991 % | £-60,445 | £544,554 |
| 6 Month Average | -4.888 % | £-29,572 | £575,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £355,461 | £350,000 | 2 HIGHCLIFFE |
| 25 Oct 2023 | £373,483 | £365,000 | OLD POST OFFICE STORES HIGH STREET |
| 2 Oct 2023 | £342,785 | £335,000 | GOAT COTTAGE WEST STREET |
| 15 Mar 2023 | £355,944 | £350,000 | 5 MILL RISE |
| 24 Feb 2023 | £145,975 | £145,000 | MANNERS MILLGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near High Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near High Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blacksmith'S Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highcliffe |
| Aug 2024 | Public order | Under investigation | On or near West Street |