£219,111
This estimated value is based upon the latest sale price for the house of £139,000 on 2 Jul 2007. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £139,000 | 2 Jul 2007 |
| £105,000 | 13 Oct 2006 |
| 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 July 2007 the House Price Index for LINCOLNSHIRE was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £139,000 results in an estimated price of approximately £219,111.
| 2 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £139,000 | £80,111 | £219,111 |
The Postcode Pricing Model uses changes in average sales price within the NG33 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 | -19.099 % | £-26,548 | £112,451 |
| 3 Month Average | 101.653 % | £141,297 | £280,297 |
| 6 Month Average | 80.437 % | £111,807 | £250,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £131,147 | £130,000 | 2 WILLOUGHBY CLOSE |
| 8 Aug 2023 | £287,515 | £285,000 | 1B CHURCH STREET |
| 28 Feb 2023 | £138,407 | £138,500 | 9 WILLOUGHBY CLOSE |
| 27 Jan 2023 | £313,523 | £315,000 | HOLME LEIGH SWINSTEAD ROAD |
| 28 Oct 2022 | £123,668 | £125,000 | 19 WILLOUGHBY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourne Road |
| Feb 2024 | Burglary | Under investigation | On or near Mussons Close |
| Mar 2024 | Public order | Under investigation | On or near Ferndale Close |
| Mar 2024 | Public order | Under investigation | On or near Ferndale Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndale Close |