£454,097
This estimated value is based upon the latest sale price for the house of £370,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £370,000 | 2 Nov 2018 |
| 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 2018 the House Price Index for LINCOLNSHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £370,000 results in an estimated price of approximately £454,097.
| 2 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £370,000 | £84,097 | £454,097 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | 28.930 % | £107,042 | £477,042 |
| 3 Month Average | 3.119 % | £11,540 | £381,540 |
| 6 Month Average | 8.207 % | £30,364 | £400,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £106,366 | £105,000 | 6 ROOKS CLOSE |
| 11 Apr 2023 | £284,112 | £282,000 | 2 MAPLE COURT |
| 24 Mar 2023 | £105,571 | £105,000 | 11 ROOKS CLOSE |
| 24 Aug 2022 | £198,658 | £200,000 | DRINSEY FARM BUNGALOW |
| 24 Jun 2022 | £303,072 | £300,000 | 9 NORTHFIELD RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sykes Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rowans |
| Feb 2024 | Anti-social behaviour | On or near The Rowans | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rowans |
| Feb 2024 | Anti-social behaviour | On or near The Rowans |