£398,689
This estimated value is based upon the latest sale price for the house of £332,500 on 27 Aug 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £332,500 | 27 Aug 2020 |
| £270,000 | 10 Dec 2015 |
| 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 2020 the House Price Index for LINCOLNSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £332,500 results in an estimated price of approximately £398,689.
| 27 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £332,500 | £66,189 | £398,689 |
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 | 72.563 % | £241,272 | £573,772 |
| 3 Month Average | 5.558 % | £18,479 | £350,979 |
| 6 Month Average | 6.478 % | £21,537 | £354,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £658,419 | £650,000 | WELLA HOUSE, 17 LINCOLN ROAD |
| 28 Apr 2023 | £505,442 | £500,000 | 14 SUDBECK LANE |
| 17 Mar 2023 | £353,329 | £350,000 | REDNIL HOLME GREEN LANE |
| 5 Nov 2021 | £378,530 | £350,000 | 12 SUDBECK LANE |
| 30 Sep 2021 | £398,709 | £370,000 | 9 RIDGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pond Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pond Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pond Close |
| Mar 2024 | Other theft | Under investigation | On or near Vicarage Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Lane |