£274,959
This estimated value is based upon the latest sale price for the house of £270,000 on 29 Aug 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£270,000 | 29 Aug 2023 |
£163,000 | 14 Sep 2010 |
£167,000 | 22 Apr 2005 |
£50,000 | 19 Jun 1996 |
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 August 2023 the House Price Index for LINCOLNSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £270,000 results in an estimated price of approximately £274,959.
29 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £270,000 | £4,959 | £274,959 |
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 | 7.295 % | £19,695 | £289,695 |
3 Month Average | -8.911 % | £-24,060 | £245,939 |
6 Month Average | -5.342 % | £-14,422 | £255,577 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £556,262 | £544,000 | 51 HIGH STREET |
29 Aug 2023 | £274,959 | £270,000 | 39 SOUTH SCARLE LANE |
14 Feb 2023 | £281,883 | £280,000 | 8 HIGH STREET |
13 Jul 2022 | £330,815 | £327,500 | 14 HIGH STREET |
16 Jun 2022 | £444,502 | £435,000 | 47 SOUTH SCARLE LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near High Street |
Jun 2024 | Criminal damage and arson | Under investigation | On or near High Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near School Lane |
May 2024 | Criminal damage and arson | Under investigation | On or near Hives Lane |
Apr 2024 | Other theft | Under investigation | On or near Hives Lane |