£310,218
This estimated value is based upon the latest sale price for the house of £178,999 on 30 Jun 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,999 | 30 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,265 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 June 2011 the House Price Index for LINCOLNSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £178,999 results in an estimated price of approximately £310,218.
| 30 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £178,999 | £131,219 | £310,218 |
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 | 157.535 % | £281,986 | £460,985 |
| 3 Month Average | 50.135 % | £89,741 | £268,740 |
| 6 Month Average | 40.060 % | £71,706 | £250,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £302,853 | £300,000 | 3 PLOUGHMANS COURT |
| 3 Mar 2022 | £352,329 | £340,000 | 15 PLOUGHMANS LANE |
| 22 Feb 2022 | £217,604 | £207,500 | 15 ST AUGUSTINE ROAD |
| 4 Jan 2022 | £394,653 | £375,000 | 4 HONEY POT CLOSE |
| 22 Dec 2021 | £342,841 | £320,000 | 5 PLOUGHMANS COURT |
This house has a floor area of 117 sq meters or 1,265 sq feet when measured on 31 Mar 2011. Using an estimated price of £310,219 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on PLOUGHMANS LANE is 127 sq meters (1,374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ploughmans Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Augustine Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Augustine Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bobbin Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bobbin Lane |