£327,751
This estimated value is based upon the latest sale price for the house of £249,950 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,950 | 16 Dec 2016 |
| £200,000 | 19 Dec 2013 |
| £165,000 | 29 Aug 2003 |
| £88,950 | 31 May 1996 |
| 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 December 2016 the House Price Index for LINCOLNSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £249,950 results in an estimated price of approximately £327,751.
| 16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £249,950 | £77,801 | £327,751 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 45.633 % | £114,059 | £364,009 |
| 3 Month Average | 29.234 % | £73,069 | £323,019 |
| 6 Month Average | 25.260 % | £63,137 | £313,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £278,752 | £275,000 | 1 NORTHUMBRIA ROAD |
| 7 Jul 2023 | £314,229 | £310,000 | 15 MERCIA CLOSE |
| 30 Jun 2023 | £253,065 | £250,000 | 20 NORTHUMBRIA ROAD |
| 30 Jun 2023 | £271,286 | £268,000 | 5 MERCIA CLOSE |
| 27 Jul 2022 | £335,904 | £335,000 | 16 MERCIA CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stump Cross Hill |
| Mar 2024 | Anti-social behaviour | On or near Millers Close | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Athelstan Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Athelstan Close |
| Mar 2024 | Burglary | Under investigation | On or near Malvern Close |