£224,271
This estimated value is based upon the latest sale price for the house of £181,999 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £181,999 | 23 Nov 2018 |
| Terraced |
| Leasehold |
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 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £181,999 results in an estimated price of approximately £224,271.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £181,999 | £42,272 | £224,271 |
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 | 15.228 % | £27,714 | £209,713 |
| 3 Month Average | 17.341 % | £31,560 | £213,559 |
| 6 Month Average | 14.280 % | £25,990 | £207,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2022 | £197,795 | £195,000 | 7 FERROUS WAY |
| 15 Mar 2022 | £152,849 | £147,500 | 16 FURNACE CLOSE |
| 14 Jan 2022 | £143,127 | £136,000 | 18 CUPOLA CLOSE |
| 18 Nov 2021 | £302,824 | £280,000 | 1 CUPOLA CLOSE |
| 27 Oct 2021 | £157,673 | £142,500 | 28 FURNACE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cupola Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Furnace Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Furnace Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Furnace Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Furnace Close |