£727,050
This estimated value is based upon the latest sale price for the house of £460,000 on 16 Aug 2007. 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 Mill Lane
More crime details
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| Price Paid | Date |
|---|---|
| £460,000 | 16 Aug 2007 |
| £146,500 | 11 Apr 2001 |
| 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 August 2007 the House Price Index for LINCOLNSHIRE was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £460,000 results in an estimated price of approximately £727,050.
| 16 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £460,000 | £267,050 | £727,050 |
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 | 210.232 % | £967,066 | £1,427,066 |
| 3 Month Average | 45.531 % | £209,440 | £669,440 |
| 6 Month Average | 40.771 % | £187,547 | £647,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £292,423 | £285,000 | POPPYDEN, 2 HOOP LANE |
| 16 Jun 2023 | £460,223 | £451,000 | HOMESTEAD |
| 25 Aug 2022 | £527,466 | £525,000 | GATE HOUSE WIREHILL LANE |
| 29 Jul 2022 | £287,885 | £285,000 | LEA HOLME WALK LANE |
| 25 Mar 2022 | £407,134 | £390,000 | CHRISTMAS COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |