£541,567
This estimated value is based upon the latest sale price for the house of £330,000 on 2 Feb 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 2 Feb 2007 |
| 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 February 2007 the House Price Index for LINCOLNSHIRE was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £330,000 results in an estimated price of approximately £541,567.
| 2 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £330,000 | £211,567 | £541,567 |
The Postcode Pricing Model uses changes in average sales price within the LN10 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 | -24.645 % | £-81,327 | £248,672 |
| 3 Month Average | 34.373 % | £113,430 | £443,430 |
| 6 Month Average | 27.404 % | £90,433 | £420,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £181,793 | £179,000 | 4 THE ELMS |
| 1 Nov 2023 | £353,986 | £345,000 | BAIN MEADOW WEST LANE |
| 11 Oct 2022 | £323,918 | £325,000 | BRIAR FIELDS WEST LANE |
| 30 Aug 2022 | £400,874 | £399,000 | THE CHESTNUTS MAIN ROAD |
| 10 May 2022 | £326,506 | £318,000 | BEDLINGTON MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Moor Lane |
| Jun 2024 | Anti-social behaviour | On or near Moor Lane | |
| Jun 2024 | Anti-social behaviour | On or near Moor Lane |