£734,693
This estimated value is based upon the latest sale price for the house of £434,885 on 17 Nov 2006. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £434,885 | 17 Nov 2006 |
| £305,000 | 15 Mar 2002 |
| 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 November 2006 the House Price Index for LINCOLNSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £434,885 results in an estimated price of approximately £734,693.
| 17 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £434,885 | £299,808 | £734,693 |
The Postcode Pricing Model uses changes in average sales price within the NG32 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 | 18.018 % | £78,355 | £513,240 |
| 3 Month Average | 19.313 % | £83,990 | £518,875 |
| 6 Month Average | 30.235 % | £131,486 | £566,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £437,303 | £430,000 | THE NEW HOUSE LOW ROAD |
| 17 Feb 2023 | £548,665 | £545,000 | 19 HIGH ROAD |
| 13 Apr 2022 | £357,911 | £345,000 | 12 GRANGE PADDOCK |
| 5 Oct 2021 | £418,001 | £375,000 | THE OLD SMITHY, 1 CASTHORPE ROAD |
| 14 Jul 2021 | £150,510 | £130,000 | 3 CHAPEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grange Paddock |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grange Paddock |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Grange Paddock |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Casthorpe Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Casthorpe Road |