£227,371
This estimated value is based upon the latest sale price for the house of £168,995 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,995 | 10 Jun 2016 |
| £173,950 | 5 Jul 2005 |
| 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 June 2016 the House Price Index for LINCOLNSHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £168,995 results in an estimated price of approximately £227,371.
| 10 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £168,995 | £58,376 | £227,371 |
The Postcode Pricing Model uses changes in average sales price within the PE11 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 | 33.860 % | £57,221 | £226,216 |
| 3 Month Average | 24.976 % | £42,207 | £211,202 |
| 6 Month Average | 35.150 % | £59,401 | £228,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £400,000 | £400,000 | 2 CATHERINES WAY |
| 15 Mar 2024 | £243,745 | £240,000 | 2 BEAR LANE |
| 3 Nov 2023 | £395,027 | £385,000 | 111 CHURCH STREET |
| 9 Aug 2023 | £280,051 | £275,000 | 38 CHURCH STREET |
| 10 Feb 2023 | £327,186 | £325,000 | 76 CHURCH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Under investigation | On or near Church Walk |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Church Walk |
| Aug 2024 | Public order | Under investigation | On or near Church Walk |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Public order | Under investigation | On or near Grove Close |