£454,788
This estimated value is based upon the latest sale price for the house of £79,950 on 29 Sep 1995. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £79,950 | 29 Sep 1995 |
| 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 September 1995 the House Price Index for LINCOLNSHIRE was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.842%.Applying this 468.842% change to the original purchase price of £79,950 results in an estimated price of approximately £454,788.
| 29 Sep 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 468.842 % | £79,950 | £374,838 | £454,788 |
The Postcode Pricing Model uses changes in average sales price within the LN5 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 | 353.863 % | £282,913 | £362,863 |
| 3 Month Average | 306.138 % | £244,757 | £324,707 |
| 6 Month Average | 330.830 % | £264,498 | £344,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £299,798 | £300,000 | 11 VILLAGE FARM |
| 19 Jul 2022 | £676,822 | £675,000 | 8 VILLAGE FARM |
| 28 Jun 2022 | £280,971 | £277,000 | 24 NEWARK ROAD |
| 8 Dec 2021 | £578,544 | £540,000 | 9 WATER LANE |
| 22 Oct 2021 | £442,591 | £400,000 | 2 NEWARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Hall Wath |
| Feb 2024 | Anti-social behaviour | On or near Pinfold Close | |
| Feb 2024 | Anti-social behaviour | On or near Pinfold Close | |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Pinfold Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastgate |