£594,314
This estimated value is based upon the latest sale price for the house of £530,000 on 26 Mar 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £530,000 | 26 Mar 2021 |
| 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 March 2021 the House Price Index for LINCOLNSHIRE was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £530,000 results in an estimated price of approximately £594,314.
| 26 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 149.7 | 12.135 % | £530,000 | £64,314 | £594,314 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -0.231 % | £-1,221 | £528,778 |
| 3 Month Average | -8.679 % | £-45,997 | £484,002 |
| 6 Month Average | -3.382 % | £-17,923 | £512,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £175,524 | £174,000 | 12 INGAMELLS DRIVE |
| 15 Dec 2023 | £639,655 | £620,000 | CARRIERS FARM MAIN STREET |
| 30 Aug 2023 | £432,806 | £425,000 | 4 HORTON PLACE |
| 28 Apr 2023 | £139,407 | £136,800 | UNIT 13 STIRLIN COURT SAXILBY ENTERPRISE PARK SKELLINGTHORPE ROAD |
| 15 Feb 2023 | £251,681 | £250,000 | UNIT 5 RIVERSIDE ENTERPRISE PARK SKELLINGTHORPE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Broxholme Lane | |
| Jun 2024 | Anti-social behaviour | On or near Broxholme Lane | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Sturton Road |
| Jul 2024 | Anti-social behaviour | On or near St Botolphs Close | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Botolphs Close |