£121,439
This estimated value is based upon the latest sale price for the house of £91,200 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £91,200 | 29 Jul 2016 |
| 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 2016 the House Price Index for LINCOLNSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £91,200 results in an estimated price of approximately £121,439.
| 29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £91,200 | £30,239 | £121,439 |
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 | 22.786 % | £20,781 | £111,981 |
| 3 Month Average | 23.131 % | £21,095 | £112,295 |
| 6 Month Average | 36.718 % | £33,486 | £124,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £325,000 | £325,000 | WITHAM VIEW COTTAGE LINCOLN ROAD |
| 13 May 2022 | £417,874 | £410,000 | GRUNDY FIVE MILE LANE |
| 1 Apr 2022 | £659,071 | £640,000 | NEW LODGE FARM BARDNEY ROAD |
| 28 Feb 2022 | £262,174 | £250,000 | FEN VIEW LINCOLN ROAD |
| 18 Feb 2022 | £298,878 | £285,000 | GREENACRES BARDNEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowpaddle Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fen Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church View Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferryside |
| Jan 2024 | Burglary | Under investigation | On or near The Close |