£201,727
This estimated value is based upon the latest sale price for the house of £174,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £174,000 | 5 Nov 2020 |
| £97,000 | 14 Feb 2012 |
| £89,950 | 19 May 2003 |
| £47,950 | 21 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £174,000 results in an estimated price of approximately £201,727.
| 5 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £174,000 | £27,727 | £201,727 |
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 | 1.356 % | £2,359 | £176,359 |
| 3 Month Average | 7.797 % | £13,566 | £187,566 |
| 6 Month Average | 5.875 % | £10,222 | £184,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £126,705 | £125,000 | 90 DE WINT AVENUE |
| 20 Jul 2023 | £184,483 | £182,000 | 13 BOURNE CLOSE |
| 14 Jul 2023 | £187,524 | £185,000 | 103 DE WINT AVENUE |
| 14 Jul 2023 | £146,978 | £145,000 | 38 ROMNEY DRIVE |
| 16 Sep 2022 | £312,477 | £315,000 | 418 NEWARK ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Mar 2016. Using an estimated price of £201,728 means this house is valued at £2,689 per sq meter (£249 per sq foot).
There is one other house on the street which we know the size of, this is 4 DE WINT CLOSE it is 83.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cottage Paddock |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Cottage Paddock |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cottage Paddock |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bourne Close |