£312,521
This estimated value is based upon the latest sale price for the house of £314,000 on 9 Feb 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £314,000 | 9 Feb 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 February 2023 the House Price Index for LINCOLNSHIRE was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £314,000 results in an estimated price of approximately £312,521.
| 9 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £314,000 | £-1,478 | £312,521 |
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 | -5.190 % | £-16,295 | £297,704 |
| 3 Month Average | -3.442 % | £-10,809 | £303,190 |
| 6 Month Average | -17.822 % | £-55,960 | £258,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £312,522 | £314,000 | THE BUNGALOW LITTLE LONDON |
| 23 Jan 2023 | £490,690 | £495,000 | 4 SPRINGFIELDS |
| 28 Oct 2022 | £359,654 | £365,000 | NETHERTON COTTAGE |
| 1 Jun 2022 | £181,843 | £180,000 | 7 PARK VIEW |
| 18 May 2022 | £374,568 | £369,000 | 1 SOUTH COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mount Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mount Lane |
| Apr 2024 | Anti-social behaviour | On or near Starks Lane | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mount Lane |