£605,121
This estimated value is based upon the latest sale price for the house of £480,000 on 30 Nov 2017. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 30 Nov 2017 |
| 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 November 2017 the House Price Index for LINCOLNSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £480,000 results in an estimated price of approximately £605,121.
| 30 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £480,000 | £125,121 | £605,121 |
The Postcode Pricing Model uses changes in average sales price within the LN8 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 | 146.088 % | £701,221 | £1,181,221 |
| 3 Month Average | 29.864 % | £143,345 | £623,345 |
| 6 Month Average | 44.505 % | £213,626 | £693,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £222,849 | £220,000 | 1 PADDOCK CHASE |
| 3 Aug 2023 | £295,081 | £292,500 | WALNUT REACH BISHOP NORTON ROAD |
| 1 Jun 2023 | £835,116 | £825,000 | GREEN STRIPE GARDEN MACHINERY |
| 20 Apr 2023 | £202,177 | £200,000 | GLENDOWER GUEST HOUSE HIGH STREET |
| 31 Mar 2023 | £141,332 | £140,000 | CLOVER COTTAGE HIGHFIELD TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Under investigation | On or near Middlefield Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paddock Chase |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Glentham Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Caenby Road |