£142,992
This estimated value is based upon the latest sale price for the house of £135,000 on 3 Jun 2021. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 3 Jun 2021 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,008 sq feet |
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 2021 the House Price Index for LINCOLNSHIRE was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £135,000 results in an estimated price of approximately £142,992.
| 3 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £135,000 | £7,992 | £142,992 |
The Postcode Pricing Model uses changes in average sales price within the PE25 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 | -20.075 % | £-27,100 | £107,899 |
| 3 Month Average | -19.529 % | £-26,364 | £108,635 |
| 6 Month Average | -11.596 % | £-15,654 | £119,345 |
This house has a floor area of 93 sq meters or 1,008 sq feet when measured on 28 May 2010.
The average size of a house on MORRIS GARDENS is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Morris Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Morris Gardens |
| Mar 2024 | Anti-social behaviour | On or near Morris Gardens | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Gardens |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Morris Gardens |