£7,020,593
This estimated value is based upon the latest sale price for the house of £5,400,000 on 23 Feb 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £5,400,000 | 23 Feb 2017 |
| 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 2017 the House Price Index for LINCOLNSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £5,400,000 results in an estimated price of approximately £7,020,593.
| 23 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £5,400,000 | £1,620,593 | £7,020,593 |
The Postcode Pricing Model uses changes in average sales price within the NG31 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 | 32.088 % | £1,732,764 | £7,132,764 |
| 3 Month Average | 35.962 % | £1,941,922 | £7,341,922 |
| 6 Month Average | 40.277 % | £2,174,950 | £7,574,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £75,465 | £74,500 | 7A GRANTLEY STREET |
| 20 Apr 2023 | £333,592 | £330,000 | 24 WESTGATE |
| 4 Apr 2023 | £166,290 | £164,500 | 33 WATERGATE |
| 17 Nov 2022 | £108,684 | £110,000 | FLAT 5 KERR HOUSE TRIGGS YARD UNION STREET |
| 11 Oct 2022 | £108,828 | £110,000 | FLAT 2 KERR HOUSE TRIGGS YARD UNION STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Westgate |
| Feb 2024 | Shoplifting | Under investigation | On or near Westgate |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Westgate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westgate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westgate |