£407,088
This estimated value is based upon the latest sale price for the house of £375,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There have been two burglaries within the last year on or near Cross Lane
More crime details
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| Price Paid | Date |
|---|---|
| £375,000 | 10 Sep 2021 |
| £290,000 | 15 Jun 2012 |
| £129,950 | 15 Dec 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 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 £375,000 results in an estimated price of approximately £407,088.
| 10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £375,000 | £32,088 | £407,088 |
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 | 123.222 % | £462,081 | £837,081 |
| 3 Month Average | 30.557 % | £114,589 | £489,589 |
| 6 Month Average | 1.730 % | £6,486 | £381,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £161,160 | £157,500 | MONSAL CORNER |
| 9 Aug 2023 | £218,949 | £215,000 | HILL TOP |
| 2 Jun 2023 | £86,738 | £85,000 | GARMISCH |
| 1 Jun 2023 | £841,871 | £825,000 | GREEN STRIPE GARDEN MACHINERY |
| 30 Nov 2022 | £223,953 | £225,000 | TANGLEWOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Cross Lane |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Cross Lane |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Forge Lane |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bridge View |