£303,843
This estimated value is based upon the latest sale price for the house of £124,000 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,000 | 21 Feb 2003 |
| £50,000 | 11 Sep 1998 |
| 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 February 2003 the House Price Index for LINCOLNSHIRE was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £124,000 results in an estimated price of approximately £303,843.
| 21 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £124,000 | £179,843 | £303,843 |
The Postcode Pricing Model uses changes in average sales price within the PE24 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 | 190.732 % | £236,507 | £360,507 |
| 3 Month Average | 55.945 % | £69,372 | £193,372 |
| 6 Month Average | 96.819 % | £120,055 | £244,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £504,469 | £497,000 | LONGACRE LODGE STATION ROAD |
| 21 Sep 2023 | £420,375 | £415,000 | STEEPING HOUSE STATION ROAD |
| 13 Jun 2023 | £344,169 | £340,000 | BELLEVILLE BURGH ROAD |
| 31 Jan 2023 | £383,195 | £385,000 | WINDY RIDGE NEW ROAD |
| 28 Oct 2022 | £148,402 | £150,000 | THE BUNGALOW FEN BANK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Culvert Road |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Culvert Road |