£330,539
This estimated value is based upon the latest sale price for the house of £265,000 on 1 May 2018. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 1 May 2018 |
| £305,000 | 20 Dec 2007 |
| £75,000 | 31 Jan 1996 |
| 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 May 2018 the House Price Index for LINCOLNSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £265,000 results in an estimated price of approximately £330,539.
| 1 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £265,000 | £65,539 | £330,539 |
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 | 122.379 % | £324,304 | £589,304 |
| 3 Month Average | 24.792 % | £65,697 | £330,697 |
| 6 Month Average | 19.633 % | £52,028 | £317,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £103,533 | £102,000 | 5 SHERBROOKE STREET |
| 22 Sep 2023 | £167,137 | £165,000 | 36 BATHURST STREET |
| 24 Aug 2023 | £151,324 | £150,000 | 34 BATHURST STREET |
| 28 Jul 2023 | £191,578 | £189,000 | 398 MONKS ROAD |
| 5 Jul 2023 | £159,142 | £157,000 | 2 JELLICOE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monks Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Jellicoe Avenue |
| Mar 2024 | Anti-social behaviour | On or near Jellicoe Avenue | |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Jellicoe Avenue |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Jellicoe Avenue |