£519,245
This estimated value is based upon the latest sale price for the house of £392,000 on 3 Oct 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £392,000 | 3 Oct 2016 |
| 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 October 2016 the House Price Index for LINCOLNSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £392,000 results in an estimated price of approximately £519,245.
| 3 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £392,000 | £127,245 | £519,245 |
The Postcode Pricing Model uses changes in average sales price within the LN2 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 | 92.915 % | £364,225 | £756,225 |
| 3 Month Average | 23.532 % | £92,244 | £484,244 |
| 6 Month Average | 16.872 % | £66,137 | £458,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £112,161 | £110,500 | 305 WRAGBY ROAD |
| 18 Aug 2023 | £201,765 | £200,000 | LION HOUSE, 1 PROCTORS ROAD |
| 8 Feb 2023 | £134,909 | £135,000 | APARTMENT 155 PALATINE HOUSE OLSEN RISE |
| 3 Oct 2022 | £129,605 | £131,000 | APARTMENT 77 NAVONA HOUSE OLSEN RISE |
| 29 Jul 2022 | £80,216 | £80,000 | APARTMENT 18 VENABLES COURT VENABLES WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Proctors Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Proctors Road |
| Feb 2024 | Shoplifting | Under investigation | On or near Proctors Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Proctors Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Proctors Road |