£604,311
This estimated value is based upon the latest sale price for the house of £450,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 20 May 2016 |
| £220,000 | 31 Mar 2015 |
| £110,000 | 23 Oct 1998 |
| 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 May 2016 the House Price Index for LINCOLNSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £450,000 results in an estimated price of approximately £604,311.
| 20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £450,000 | £154,311 | £604,311 |
The Postcode Pricing Model uses changes in average sales price within the NG32 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 | -53.744 % | £-241,847 | £208,152 |
| 3 Month Average | 45.858 % | £206,359 | £656,359 |
| 6 Month Average | 25.270 % | £113,713 | £563,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £218,231 | £215,000 | 5 SHERWOOD RISE |
| 8 Sep 2023 | £943,058 | £931,000 | 46 HIGH STREET |
| 25 Aug 2023 | £892,811 | £885,000 | 61 HIGH STREET |
| 28 Jul 2023 | £354,775 | £350,000 | 14 CHURCH LANE |
| 28 Jul 2023 | £466,276 | £460,000 | 17A CHAPEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Templeway Square | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Templeway Square |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Orchard Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kings Hill |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Loveden View |