£465,264
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Mar 2004. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£225,000 | 12 Mar 2004 |
£162,500 | 16 Sep 2002 |
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 March 2004 the House Price Index for LINCOLNSHIRE was 71.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 106.784%.Applying this 106.784% change to the original purchase price of £225,000 results in an estimated price of approximately £465,264.
12 Mar 2004 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 147.0 | 106.784 % | £225,000 | £240,264 | £465,264 |
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 | 0.952 % | £2,142 | £227,142 |
3 Month Average | 54.153 % | £121,844 | £346,844 |
6 Month Average | 70.908 % | £159,542 | £384,542 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £378,606 | £375,000 | THE WILLOWS MARSH LANE |
18 Aug 2023 | £129,122 | £130,000 | 11 KETTLETHORPE ROAD |
2 May 2023 | £255,174 | £255,000 | HOLLY LODGE MAIN ROAD |
4 Jul 2022 | £376,669 | £380,000 | 32 HOME FARM CLOSE |
26 Nov 2021 | £208,473 | £195,000 | POLDHU MAIN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Swynford Close | |
Dec 2023 | Anti-social behaviour | On or near Swynford Close | |
Dec 2023 | Vehicle crime | Under investigation | On or near Addison Place |
Nov 2023 | Public order | Unable to prosecute suspect | On or near Addison Place |
Oct 2023 | Drugs | Under investigation | On or near Addison Place |