£323,316
This estimated value is based upon the latest sale price for the house of £303,000 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£303,000 | 14 Dec 2021 |
£257,000 | 14 Jun 2018 |
£241,995 | 15 Aug 2016 |
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 December 2021 the House Price Index for LINCOLNSHIRE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £303,000 results in an estimated price of approximately £323,316.
14 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.0 | 6.705 % | £303,000 | £20,316 | £323,316 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 5.861 % | £17,758 | £320,758 |
3 Month Average | 10.033 % | £30,399 | £333,399 |
6 Month Average | 0.414 % | £1,255 | £304,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £190,545 | £189,000 | 20 PITSFORD CLOSE |
7 Mar 2023 | £206,114 | £205,000 | 40 RUTLAND AVENUE |
26 May 2022 | £355,281 | £350,000 | 17 RUTLAND AVENUE |
17 Dec 2021 | £196,337 | £184,000 | 8 PITSFORD CLOSE |
14 Dec 2021 | £323,317 | £303,000 | 2 LOWESWATER CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grasmere Drive |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kielder Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerville Court |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerville Court |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Adelaide Close |