£311,231
This estimated value is based upon the latest sale price for the house of £182,500 on 10 May 2012. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £182,500 | 10 May 2012 |
| £98,500 | 2 Jun 2000 |
| 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 May 2012 the House Price Index for LINCOLNSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £182,500 results in an estimated price of approximately £311,231.
| 10 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £182,500 | £128,731 | £311,231 |
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 | 36.780 % | £67,123 | £249,623 |
| 3 Month Average | 78.852 % | £143,905 | £326,405 |
| 6 Month Average | 63.985 % | £116,773 | £299,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £206,051 | £203,000 | 6 QUEENS CLOSE |
| 14 Apr 2023 | £119,284 | £118,000 | 4 CASSWELL CRESCENT |
| 30 Mar 2023 | £323,043 | £320,000 | 17 CASSWELL CRESCENT |
| 24 Feb 2023 | £349,765 | £350,000 | 2 JACOBS CLOSE |
| 16 Feb 2023 | £499,664 | £500,000 | 14 JACOBS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Pear Tree Lane | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pear Tree Lane |
| Jan 2024 | Anti-social behaviour | On or near Pear Tree Lane | |
| Jan 2024 | Anti-social behaviour | On or near Pear Tree Lane | |
| Feb 2024 | Burglary | Under investigation | On or near Mill Way |