£262,244
This estimated value is based upon the latest sale price for the house of £259,950 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £259,950 | 31 Aug 2023 |
| 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 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £259,950 results in an estimated price of approximately £262,244.
| 31 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £259,950 | £2,294 | £262,244 |
The Postcode Pricing Model uses changes in average sales price within the NG32 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 | 49.662 % | £129,095 | £389,045 |
| 3 Month Average | 49.219 % | £127,944 | £387,894 |
| 6 Month Average | 3.097 % | £8,051 | £268,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £215,889 | £214,000 | 64 REEDINGS ROAD |
| 31 Aug 2023 | £262,244 | £259,950 | 4 LEYS CLOSE |
| 2 Aug 2023 | £353,089 | £350,000 | 1 LEYS CLOSE |
| 19 Apr 2023 | £237,558 | £235,000 | 7 ADAMSTILES |
| 12 Aug 2022 | £294,208 | £295,000 | 33 REEDINGS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Adamstiles |
| Apr 2024 | Anti-social behaviour | On or near Reedings Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hurst Crescent |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wong Gardens |
| Apr 2024 | Shoplifting | Under investigation | On or near Wong Gardens |