£366,983
This estimated value is based upon the latest sale price for the house of £365,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £365,000 | 17 Mar 2023 |
| 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 2023 the House Price Index for LINCOLNSHIRE was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £365,000 results in an estimated price of approximately £366,983.
| 17 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £365,000 | £1,983 | £366,983 |
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 | 12.108 % | £44,194 | £409,194 |
| 3 Month Average | 6.584 % | £24,033 | £389,033 |
| 6 Month Average | -14.976 % | £-54,664 | £310,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £338,199 | £335,000 | OSMOND COTTAGE MAIN STREET |
| 2 Jun 2023 | £191,553 | £190,000 | THE OLD LORRY YARD MAIN STREET |
| 17 Mar 2023 | £366,984 | £365,000 | MAYFIELDS MILL LANE |
| 17 Feb 2023 | £253,800 | £255,000 | MEADOW VIEW, 13 MAIN STREET |
| 7 Nov 2022 | £113,165 | £115,000 | 3 NASHS ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sand Lane |
| Feb 2024 | Drugs | Offender given a caution | On or near Sand Lane |
| Mar 2024 | Other theft | Under investigation | On or near Mallowfield |