£281,034
This estimated value is based upon the latest sale price for the house of £50,000 on 7 Mar 1996. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 7 Mar 1996 |
| 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 March 1996 the House Price Index for LINCOLNSHIRE was 26.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 462.070%.Applying this 462.070% change to the original purchase price of £50,000 results in an estimated price of approximately £281,034.
| 7 Mar 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.0 | 462.070 % | £50,000 | £231,034 | £281,034 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 321.064 % | £160,532 | £210,532 |
| 3 Month Average | 343.424 % | £171,711 | £221,711 |
| 6 Month Average | 361.440 % | £180,719 | £230,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £181,433 | £178,000 | 3 DENE CLOSE |
| 1 Nov 2023 | £157,016 | £155,000 | 56 GARDENFIELD |
| 23 Nov 2022 | £216,489 | £220,000 | 44 GARDENFIELD |
| 20 Dec 2021 | £213,410 | £200,000 | 16 WATERLOO LANE |
| 22 Oct 2021 | £220,402 | £200,000 | 22 GARDENFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lincoln Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lincoln Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lincoln Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lincoln Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Road |