£524,646
This estimated value is based upon the latest sale price for the house of £525,000 on 27 Feb 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 27 Feb 2023 |
| £357,500 | 11 Nov 2019 |
| £297,000 | 23 May 2016 |
| 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 February 2023 the House Price Index for LINCOLNSHIRE was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £525,000 results in an estimated price of approximately £524,646.
| 27 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £525,000 | £-353 | £524,646 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | -33.035 % | £-173,435 | £351,564 |
| 3 Month Average | -15.085 % | £-79,197 | £445,802 |
| 6 Month Average | -2.509 % | £-13,173 | £511,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £494,325 | £490,000 | FENWAY HAVEN BANK |
| 27 Feb 2023 | £524,647 | £525,000 | ALLOTTS COTTAGE |
| 25 Jan 2023 | £288,591 | £289,950 | THE COTTAGE HAVEN BANK |
| 26 Oct 2022 | £363,585 | £367,500 | 5 LATHAM COURT |
| 18 Oct 2022 | £405,633 | £410,000 | WHEELWRIGHT BUNGALOW KIRTON DROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cheethams Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cheethams Lane |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Cheethams Lane |
| Feb 2024 | Anti-social behaviour | On or near North Forty Foot Bank | |
| Feb 2024 | Anti-social behaviour | On or near North Forty Foot Bank |