£401,406
This estimated value is based upon the latest sale price for the house of £280,000 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
There has been one burglary within the last year on or near Further/Higher Educational Building
More crime details
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| Price Paid | Date |
|---|---|
| £280,000 | 3 Jul 2015 |
| £90,000 | 24 Sep 1999 |
| 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 July 2015 the House Price Index for LINCOLNSHIRE was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £280,000 results in an estimated price of approximately £401,406.
| 3 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £280,000 | £121,406 | £401,406 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | -16.841 % | £-47,153 | £232,846 |
| 3 Month Average | 31.923 % | £89,383 | £369,383 |
| 6 Month Average | 35.691 % | £99,933 | £379,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2022 | £297,436 | £290,000 | 16 RISEHOLME LANE |
| 28 Jan 2022 | £251,558 | £240,000 | 3 MILLBECK DRIVE |
| 10 Dec 2021 | £173,396 | £162,500 | 8 WINSTER CLOSE |
| 23 Nov 2021 | £199,272 | £185,000 | 8 RUSLAND CLOSE |
| 23 Feb 2021 | £254,393 | £225,000 | 28 MILLBECK DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Jan 2024 | Anti-social behaviour | On or near Winster Close | |
| Jan 2024 | Anti-social behaviour | On or near Winster Close | |
| Jan 2024 | Anti-social behaviour | On or near Winster Close | |
| Jan 2024 | Anti-social behaviour | On or near Winster Close |