£326,322
This estimated value is based upon the latest sale price for the house of £247,500 on 8 Jun 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£247,500 | 8 Jun 2016 |
£203,000 | 17 Dec 2010 |
£84,950 | 30 Dec 1998 |
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 June 2016 the House Price Index for LINCOLNSHIRE was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £247,500 results in an estimated price of approximately £326,322.
8 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 146.7 | 31.847 % | £247,500 | £78,822 | £326,322 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | 13.679 % | £33,856 | £281,356 |
3 Month Average | 24.075 % | £59,584 | £307,084 |
6 Month Average | 36.892 % | £91,308 | £338,808 |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Kenyon Close |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merrycock Lane |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garratt Close |
Dec 2023 | Anti-social behaviour | On or near The Old Stackyard |