£240,893
This estimated value is based upon the latest sale price for the house of £197,500 on 27 Jan 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,500 | 27 Jan 2020 |
| £193,995 | 8 Dec 2017 |
| 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 January 2020 the House Price Index for LINCOLNSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £197,500 results in an estimated price of approximately £240,893.
| 27 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £197,500 | £43,393 | £240,893 |
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 | 16.327 % | £32,245 | £229,745 |
| 3 Month Average | 14.545 % | £28,727 | £226,227 |
| 6 Month Average | 9.008 % | £17,790 | £215,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £284,208 | £280,000 | 8 HANNAH CRESCENT |
| 16 Aug 2023 | £216,897 | £215,000 | 5 CHARLOCK CLOSE |
| 15 Aug 2023 | £189,659 | £188,000 | 2 YARROW WAY |
| 26 Jul 2023 | £375,048 | £370,000 | 2 GRAY LANE |
| 28 Sep 2022 | £297,597 | £300,000 | 36 THISTLE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Yarrow Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramble Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fothergill Wood |
| Dec 2023 | Anti-social behaviour | On or near Nettleton Drive | |
| Dec 2023 | Anti-social behaviour | On or near Nettleton Drive |