£183,029
This estimated value is based upon the latest sale price for the house of £185,000 on 5 Oct 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£185,000 | 5 Oct 2022 |
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 October 2022 the House Price Index for LINCOLNSHIRE was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £185,000 results in an estimated price of approximately £183,029.
5 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £185,000 | £-1,970 | £183,029 |
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 | -12.567 % | £-23,248 | £161,751 |
3 Month Average | -1.672 % | £-3,093 | £181,906 |
6 Month Average | -1.231 % | £-2,278 | £182,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £218,829 | £215,000 | 6 BRANTLEY MEWS |
9 Feb 2023 | £202,863 | £203,000 | 3 HYKEHAM ROAD |
3 Feb 2023 | £169,886 | £170,000 | 54 ROOKERY LANE |
26 Jan 2023 | £174,180 | £175,000 | 11 HYKEHAM ROAD |
5 Oct 2022 | £183,029 | £185,000 | 246 NEWARK ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapter Close |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chapter Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
Mar 2024 | Public order | Under investigation | On or near Petrol Station |