£1,131,549
This estimated value is based upon the latest sale price for the house of £915,000 on 3 Apr 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £915,000 | 3 Apr 2020 |
| £200,000 | 6 Jan 1995 |
| 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 2020 the House Price Index for LINCOLNSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £915,000 results in an estimated price of approximately £1,131,549.
| 3 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £915,000 | £216,549 | £1,131,549 |
The Postcode Pricing Model uses changes in average sales price within the LN7 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 | -58.059 % | £-531,240 | £383,759 |
| 3 Month Average | -11.230 % | £-102,758 | £812,241 |
| 6 Month Average | 15.197 % | £139,056 | £1,054,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £172,928 | £169,000 | 4 BECKSIDE |
| 1 Aug 2023 | £224,041 | £220,000 | THE ORCHARD SCHOOL LANE |
| 2 Feb 2023 | £468,127 | £465,000 | KEEPERS COTTAGE WALK LANE |
| 17 Jan 2023 | £200,536 | £200,000 | MILLFIELD COTTAGE OLD MAIN ROAD |
| 13 Jul 2022 | £272,733 | £270,000 | COLLINGWOOD CHAPEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Limber Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cuxwold Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Cuxwold Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grimsby Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grimsby Road |