£386,008
This estimated value is based upon the latest sale price for the house of £285,000 on 5 Apr 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 5 Apr 2016 |
| £227,000 | 22 Jan 2014 |
| £188,750 | 7 Aug 2012 |
| 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 April 2016 the House Price Index for LINCOLNSHIRE was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £285,000 results in an estimated price of approximately £386,008.
| 5 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £285,000 | £101,008 | £386,008 |
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 | 136.628 % | £389,390 | £674,390 |
| 3 Month Average | 48.429 % | £138,021 | £423,021 |
| 6 Month Average | 26.857 % | £76,543 | £361,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £394,782 | £390,000 | 24 MANOR DRIVE |
| 16 Jun 2023 | £1,088,181 | £1,075,000 | 4 POACHERS LANE |
| 31 Mar 2023 | £408,852 | £405,000 | 11 HOLME DRIVE |
| 15 Jul 2022 | £335,904 | £335,000 | 16 MANOR DRIVE |
| 30 Mar 2022 | £310,879 | £300,000 | 7 HOLME DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Woolley Road |
| Feb 2024 | Anti-social behaviour | On or near Woolley Road | |
| Feb 2024 | Anti-social behaviour | On or near Woolley Road | |
| Jan 2024 | Anti-social behaviour | On or near Woolley Road | |
| Jan 2024 | Anti-social behaviour | On or near Woolley Road |