£698,333
This estimated value is based upon the latest sale price for the house of £440,000 on 14 Mar 2008. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 14 Mar 2008 |
| 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 March 2008 the House Price Index for LINCOLNSHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £440,000 results in an estimated price of approximately £698,333.
| 14 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £440,000 | £258,333 | £698,333 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 205.761 % | £905,347 | £1,345,347 |
| 3 Month Average | 51.679 % | £227,387 | £667,387 |
| 6 Month Average | 41.461 % | £182,427 | £622,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £164,167 | £160,000 | 2 CHURCH LANE |
| 10 Nov 2023 | £135,951 | £132,500 | 6 EASTFIELDS |
| 18 Aug 2023 | £432,806 | £425,000 | BALLINURE HIGH STREET |
| 14 Jul 2022 | £378,796 | £375,000 | HOLME CROSS |
| 21 Jun 2022 | £444,502 | £435,000 | BAY TREE LODGE HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Well Street |
| Jun 2024 | Anti-social behaviour | On or near Eastfields | |
| Jun 2024 | Anti-social behaviour | On or near Eastfields | |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near High Street |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near High Street |