£574,244
This estimated value is based upon the latest sale price for the house of £470,700 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £470,700 | 12 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 250 sq meters or 2,690 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 2020 the House Price Index for LINCOLNSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £470,700 results in an estimated price of approximately £574,244.
| 12 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £470,700 | £103,544 | £574,244 |
The Postcode Pricing Model uses changes in average sales price within the DN20 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 | -10.718 % | £-50,448 | £420,251 |
| 3 Month Average | 22.238 % | £104,674 | £575,374 |
| 6 Month Average | 15.140 % | £71,262 | £541,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £307,672 | £305,000 | 12 OAKFIELD CLOSE |
| 1 Sep 2023 | £460,143 | £450,000 | 27 PINGLEY PARK |
| 21 Mar 2023 | £255,263 | £251,000 | 9 OAKFIELD CLOSE |
| 5 Apr 2022 | £378,659 | £365,000 | 2 PINGLEY PARK |
| 29 Sep 2021 | £206,258 | £190,000 | 2 OAKFIELD CLOSE |
This house has a floor area of 250 sq meters or 2,690 sq feet when measured on 16 Oct 2020. Using an estimated price of £574,244 means this house is valued at £2,296 per sq meter (£213 per sq foot).
The average size of a house on PINGLEY VALE is 263 sq meters (2,839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Bigby High Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Burgess Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A1084 |
| Aug 2024 | Anti-social behaviour | On or near Westrum Park | |
| Aug 2024 | Anti-social behaviour | On or near Westrum Park |