£576,911
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Oct 2013. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 Oct 2013 |
| £114,000 | 24 Jan 1997 |
| 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 October 2013 the House Price Index for LINCOLNSHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £350,000 results in an estimated price of approximately £576,911.
| 18 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £350,000 | £226,911 | £576,911 |
The Postcode Pricing Model uses changes in average sales price within the LN11 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 | 47.295 % | £165,534 | £515,534 |
| 3 Month Average | 49.016 % | £171,556 | £521,556 |
| 6 Month Average | 49.079 % | £171,776 | £521,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £208,287 | £203,000 | 6 QUEENS CLOSE |
| 23 Nov 2023 | £897,790 | £875,000 | THE MANOR CHURCH LANE |
| 1 Jun 2023 | £397,975 | £390,000 | THE BUNGALOW CHURCH LANE |
| 26 Apr 2023 | £122,287 | £120,000 | FLAT 2 THE STUDIO ALLENBY CRESCENT |
| 1 Mar 2023 | £254,246 | £250,000 | THE FORGE MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Holy Well Lane |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Jacobs Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ings Lane |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ings Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ings Lane |