£194,366
This estimated value is based upon the latest sale price for the house of £160,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 31 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 January 2020 the House Price Index for LINCOLNSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £160,000 results in an estimated price of approximately £194,366.
| 31 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £160,000 | £34,366 | £194,366 |
The Postcode Pricing Model uses changes in average sales price within the DN21 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 | 2.419 % | £3,870 | £163,870 |
| 3 Month Average | 16.953 % | £27,124 | £187,124 |
| 6 Month Average | 4.388 % | £7,021 | £167,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £133,311 | £132,500 | 9 CHERRY TREE ROAD |
| 28 Apr 2023 | £156,161 | £155,000 | 10 CHERRY TREE ROAD |
| 23 Mar 2023 | £105,571 | £105,000 | 5 QUEENSWAY |
| 3 Mar 2023 | £135,734 | £135,000 | 31 DANES ROAD |
| 21 Jul 2022 | £134,818 | £135,000 | 12 WHITES WOOD LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 Oct 2018. Using an estimated price of £194,366 means this house is valued at £1,619 per sq meter (£150 per sq foot).
The average size of a house on WHITES WOOD LANE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Road |
| Mar 2024 | Anti-social behaviour | On or near Cherry Tree Road | |
| Mar 2024 | Anti-social behaviour | On or near Cherry Tree Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Tree Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Road |