£528,020
This estimated value is based upon the latest sale price for the house of £490,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 28 Sep 2021 |
| £375,000 | 27 Aug 2013 |
| £350,000 | 17 Aug 2012 |
| £370,000 | 6 Jun 2008 |
| £120,000 | 15 Aug 2006 |
| 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £490,000 results in an estimated price of approximately £528,020.
| 28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £490,000 | £38,020 | £528,020 |
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 | 63.338 % | £310,357 | £800,357 |
| 3 Month Average | 7.999 % | £39,195 | £529,195 |
| 6 Month Average | -5.267 % | £-25,810 | £464,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £675,913 | £670,000 | 12 EASTFIELD LANE |
| 3 Aug 2023 | £353,089 | £350,000 | 6 MUSGRAVES ORCHARD |
| 10 Mar 2023 | £252,378 | £250,000 | 18 EASTFIELD CLOSE |
| 12 Sep 2022 | £317,437 | £320,000 | 12 EASTFIELD CLOSE |
| 7 Sep 2022 | £615,033 | £620,000 | 7 EASTFIELD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Owls End |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Owls End |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hampden Close |
| Mar 2024 | Public order | Under investigation | On or near Eastfield Close |
| Feb 2024 | Anti-social behaviour | On or near Eastfield Close |