£455,494
This estimated value is based upon the latest sale price for the house of £390,000 on 3 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 3 Nov 2020 |
| £275,000 | 18 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 sq feet |
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 November 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £390,000 results in an estimated price of approximately £455,494.
| 3 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £390,000 | £65,494 | £455,494 |
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 | 6.330 % | £24,685 | £414,685 |
| 3 Month Average | 8.092 % | £31,556 | £421,556 |
| 6 Month Average | 6.044 % | £23,572 | £413,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £401,000 | £401,000 | 63 CROWTREE LANE |
| 16 Nov 2023 | £259,076 | £252,500 | 8 TROUTBECK WESTGATE |
| 28 Sep 2023 | £204,508 | £200,000 | 18 WESTGATE |
| 12 Sep 2023 | £1,058,330 | £1,035,000 | 69 CROWTREE LANE |
| 29 Jun 2023 | £367,362 | £360,000 | 62 CROWTREE LANE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 27 Jul 2019. Using an estimated price of £455,495 means this house is valued at £3,673 per sq meter (£341 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Love Lane |
| Jul 2024 | Anti-social behaviour | On or near Love Lane | |
| Jul 2024 | Anti-social behaviour | On or near Love Lane | |
| Jul 2024 | Anti-social behaviour | On or near Love Lane | |
| Jul 2024 | Anti-social behaviour | On or near Love Lane |