£286,482
This estimated value is based upon the latest sale price for the house of £220,000 on 19 Apr 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 19 Apr 2017 |
| £97,000 | 24 Sep 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 April 2017 the House Price Index for LINCOLNSHIRE was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £220,000 results in an estimated price of approximately £286,482.
| 19 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £220,000 | £66,482 | £286,482 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 8.149 % | £17,926 | £237,926 |
| 3 Month Average | 11.182 % | £24,600 | £244,600 |
| 6 Month Average | 19.188 % | £42,213 | £262,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £138,137 | £135,000 | 2 MAYALL COURT |
| 5 Apr 2023 | £453,482 | £445,000 | HEIGHWOOD TIMMS LANE |
| 30 Jan 2023 | £164,941 | £164,500 | 14 MAYALL COURT |
| 29 Jul 2022 | £164,650 | £163,000 | 8 BLACKS CLOSE |
| 29 Jun 2022 | £347,427 | £340,000 | SKERRY COTTAGE CAPPS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near High Street |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near St Michael Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blind Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Blind Lane |
| Sep 2024 | Anti-social behaviour | On or near Blind Lane |