£140,522
This estimated value is based upon the latest sale price for the house of £127,000 on 22 Oct 2021. 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 Royal Oak Lane
More crime details
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| Price Paid | Date |
|---|---|
| £127,000 | 22 Oct 2021 |
| Terraced |
| 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 October 2021 the House Price Index for LINCOLNSHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £127,000 results in an estimated price of approximately £140,522.
| 22 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £127,000 | £13,522 | £140,522 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 3.627 % | £4,606 | £131,606 |
| 3 Month Average | 7.918 % | £10,055 | £137,055 |
| 6 Month Average | 11.082 % | £14,074 | £141,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £427,479 | £420,000 | 6 MILL LANE |
| 27 Jun 2023 | £364,414 | £360,000 | 67 HIGH STREET |
| 31 Jan 2023 | £343,382 | £345,000 | 2 HIGH STREET |
| 25 Apr 2022 | £187,423 | £182,000 | 71 HIGH STREET |
| 4 Feb 2022 | £340,826 | £325,000 | THE FARTHINGS HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Royal Oak Lane |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Fletchers Way |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Fletchers Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Road |
| Jan 2024 | Public order | Further investigation is not in the public interest | On or near Pound Road |