£485,947
This estimated value is based upon the latest sale price for the house of £170,000 on 5 Jun 2002. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 5 Jun 2002 |
| £123,995 | 17 Dec 1999 |
| 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 2002 the House Price Index for LINCOLNSHIRE was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £170,000 results in an estimated price of approximately £485,947.
| 5 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £170,000 | £315,947 | £485,947 |
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 | 284.566 % | £483,761 | £653,761 |
| 3 Month Average | 179.780 % | £305,626 | £475,626 |
| 6 Month Average | 178.960 % | £304,231 | £474,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £291,469 | £295,000 | 3 RIDGEWAY |
| 27 Oct 2022 | £415,526 | £420,000 | 29 SUDBROOKE LANE |
| 25 Mar 2022 | £181,346 | £175,000 | 23 RIDGEWAY |
| 12 Jan 2022 | £402,546 | £382,500 | 67 SUDBROOKE LANE |
| 12 Nov 2021 | £109,233 | £101,000 | 15 LARCH AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Larch Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Larch Avenue | |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Larch Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Sudbrooke Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Squires Place |