£1,066,784
This estimated value is based upon the latest sale price for the house of £850,000 on 10 Jan 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £850,000 | 10 Jan 2018 |
| 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 January 2018 the House Price Index for LINCOLNSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £850,000 results in an estimated price of approximately £1,066,784.
| 10 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £850,000 | £216,784 | £1,066,784 |
The Postcode Pricing Model uses changes in average sales price within the LN6 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 | 7.882 % | £66,995 | £916,995 |
| 3 Month Average | 20.906 % | £177,697 | £1,027,697 |
| 6 Month Average | 17.253 % | £146,654 | £996,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £143,937 | £142,000 | 4 SIXFIELD CLOSE |
| 16 Jun 2023 | £151,839 | £150,000 | 49 SIXFIELD CLOSE |
| 6 Apr 2023 | £156,687 | £155,000 | 70 WALFORD DRIVE |
| 9 Sep 2022 | £179,807 | £181,259 | 109 SKELLINGTHORPE ROAD |
| 8 Jul 2022 | £185,499 | £185,000 | 118 SKELLINGTHORPE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cotman Road | |
| Feb 2024 | Anti-social behaviour | On or near Cotman Road | |
| Mar 2024 | Burglary | Under investigation | On or near Kilburn Crescent |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Kilburn Crescent |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Kilburn Crescent |