£536,462
This estimated value is based upon the latest sale price for the house of £500,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 30 Jun 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 June 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £500,000 results in an estimated price of approximately £536,462.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £500,000 | £36,462 | £536,462 |
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 | -4.358 % | £-21,792 | £478,207 |
| 3 Month Average | -11.039 % | £-55,193 | £444,806 |
| 6 Month Average | -10.818 % | £-54,088 | £445,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £761,271 | £750,000 | EPHRAIM HOUSE |
| 13 Mar 2023 | £126,189 | £125,000 | 9 DELHI SQUARE |
| 4 Aug 2022 | £339,087 | £340,000 | 2 NEW ENGLAND FARM COTTAGES |
| 18 Mar 2022 | £932,636 | £900,000 | KNIGHTS TEMPLAR BARN TEMPLE FARM |
| 23 Feb 2022 | £403,747 | £385,000 | CHESTNUTS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Hillcrest |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Beagle Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Longcroft Drive |
| Mar 2024 | Anti-social behaviour | On or near Bristol House Road | |
| Mar 2024 | Anti-social behaviour | On or near Bristol House Road |