£550,864
This estimated value is based upon the latest sale price for the house of £260,000 on 6 Feb 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £260,000 | 6 Feb 2004 |
| 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 February 2004 the House Price Index for LINCOLNSHIRE was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £260,000 results in an estimated price of approximately £550,864.
| 6 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £260,000 | £290,864 | £550,864 |
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 | 185.725 % | £482,884 | £742,884 |
| 3 Month Average | 97.591 % | £253,736 | £513,736 |
| 6 Month Average | 91.037 % | £236,696 | £496,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £313,485 | £308,000 | 34 MANOR WAY |
| 11 Dec 2023 | £340,966 | £335,000 | 5 LAWSON COURT |
| 4 Aug 2023 | £208,827 | £207,000 | 2 BISHOP CLOSE |
| 13 Feb 2023 | £379,744 | £380,000 | 3 SPRING CLOSE |
| 25 May 2022 | £275,185 | £270,000 | 5 ASHING LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bishop Close |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Nursery Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Four Seasons Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mainwaring Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Mainwaring Close |