£279,897
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Dec 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 5 Dec 2023 |
| £220,000 | 1 Jun 2005 |
| 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 December 2023 the House Price Index for LINCOLNSHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £275,000 results in an estimated price of approximately £279,897.
| 5 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £275,000 | £4,897 | £279,897 |
The Postcode Pricing Model uses changes in average sales price within the LN4 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 | -22.364 % | £-61,502 | £213,497 |
| 3 Month Average | -9.801 % | £-26,951 | £248,048 |
| 6 Month Average | -2.299 % | £-6,320 | £268,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £279,897 | £275,000 | 1 THE HURN PARSONS DROVE |
| 15 Nov 2023 | £137,029 | £135,000 | 6 CHURCH STREET |
| 29 Mar 2023 | £76,723 | £76,000 | 19 BRIDGE STREET |
| 28 Feb 2023 | £294,802 | £295,000 | 2 CARR GATE |
| 28 Oct 2022 | £103,881 | £105,000 | 8 CHURCH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near York Terrace |
| Feb 2024 | Drugs | Under investigation | On or near West Street |
| Mar 2024 | Anti-social behaviour | On or near Brunswick Square | |
| Feb 2024 | Anti-social behaviour | On or near Queen Street | |
| Feb 2024 | Anti-social behaviour | On or near Queen Street |