£269,398
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 9 Sep 2021 |
| Terraced |
| 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 September 2021 the House Price Index for LINCOLNSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £250,000 results in an estimated price of approximately £269,398.
| 9 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £250,000 | £19,398 | £269,398 |
The Postcode Pricing Model uses changes in average sales price within the LN1 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 | -34.394 % | £-85,985 | £164,014 |
| 3 Month Average | -4.332 % | £-10,829 | £239,170 |
| 6 Month Average | -19.451 % | £-48,626 | £201,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £414,463 | £410,000 | LOW BARN SCHOOL LANE |
| 18 Nov 2022 | £446,590 | £452,000 | THE DAIRY BARN CHURCH LANE |
| 7 Oct 2022 | £692,543 | £700,000 | 1 617 COURT |
| 5 Aug 2022 | £364,020 | £365,000 | LIME TREES HIGH STREET |
| 30 Jun 2022 | £253,584 | £250,000 | CLIFF VIEW HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near School Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near School Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fen Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Anderson Court |
| Feb 2024 | Anti-social behaviour | On or near Manor Farm Court |