£877,979
This estimated value is based upon the latest sale price for the house of £650,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £650,000 | 31 Mar 2016 |
| £300,000 | 14 Sep 2004 |
| £250,000 | 26 Jun 2003 |
| 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 March 2016 the House Price Index for LINCOLNSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £650,000 results in an estimated price of approximately £877,979.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £650,000 | £227,979 | £877,979 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 139.511 % | £906,820 | £1,556,820 |
| 3 Month Average | 38.863 % | £252,610 | £902,610 |
| 6 Month Average | 27.492 % | £178,695 | £828,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £252,206 | £250,000 | 7 CHURCH STREET |
| 17 Feb 2023 | £342,769 | £343,000 | HONEYSUCKLE COTTAGE SCHOOL CRESCENT |
| 27 Jan 2023 | £378,218 | £380,000 | 17 CHURCH STREET |
| 9 Jan 2023 | £117,447 | £118,000 | 9 SUDBROOKE ROAD |
| 22 Aug 2022 | £418,872 | £420,000 | 4 THE ALDERS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Further investigation is not in the public interest | On or near Craypool Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Craypool Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Woolley Road |
| Feb 2024 | Anti-social behaviour | On or near Woolley Road |