£456,450
This estimated value is based upon the latest sale price for the house of £450,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 30 Jun 2022 |
| £250,000 | 23 May 2008 |
| £149,950 | 15 Apr 2002 |
| 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 June 2022 the House Price Index for LINCOLNSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £450,000 results in an estimated price of approximately £456,450.
| 30 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £450,000 | £6,450 | £456,450 |
The Postcode Pricing Model uses changes in average sales price within the NG34 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 | 12.234 % | £55,054 | £505,054 |
| 3 Month Average | -1.545 % | £-6,954 | £443,045 |
| 6 Month Average | -1.045 % | £-4,700 | £445,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £198,473 | £195,000 | 21 OATFIELD WAY |
| 28 Sep 2023 | £192,461 | £190,000 | 10 OATFIELD WAY |
| 21 Jul 2023 | £278,752 | £275,000 | 37 OATFIELD WAY |
| 13 Jun 2023 | £506,131 | £500,000 | 6 OAK WAY |
| 10 Jan 2023 | £365,279 | £367,000 | 7 OAK WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Burton Road | |
| Mar 2024 | Anti-social behaviour | On or near Burton Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Way |
| Jan 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Barley Close |