£221,242
This estimated value is based upon the latest sale price for the house of £50,000 on 1 Mar 1999. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 1 Mar 1999 |
| £32,500 | 31 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 1999 the House Price Index for LINCOLNSHIRE was 33.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 342.485%.Applying this 342.485% change to the original purchase price of £50,000 results in an estimated price of approximately £221,242.
| 1 Mar 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 146.7 | 342.485 % | £50,000 | £171,242 | £221,242 |
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 | 180.125 % | £90,062 | £140,062 |
| 3 Month Average | 204.043 % | £102,021 | £152,021 |
| 6 Month Average | 227.295 % | £113,647 | £163,647 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 18 Oct 2013.
The average size of a house on LETTWELL CRESCENT is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Firbeck Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Firbeck Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Firbeck Avenue |
| Feb 2024 | Other crime | Under investigation | On or near Roseberry Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Clifton Grove |