£120,881
This estimated value is based upon the latest sale price for the house of £103,500 on 17 Nov 2020. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £103,500 | 17 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2020 the House Price Index for LINCOLNSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £103,500 results in an estimated price of approximately £120,881.
| 17 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £103,500 | £17,381 | £120,881 |
The Postcode Pricing Model uses changes in average sales price within the PE21 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 | 13.631 % | £14,108 | £117,608 |
| 3 Month Average | 6.163 % | £6,378 | £109,878 |
| 6 Month Average | 3.277 % | £3,391 | £106,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £186,363 | £183,500 | 49 HORNCASTLE ROAD |
| 23 Oct 2023 | £99,766 | £97,500 | 72 NORFOLK STREET |
| 4 Oct 2023 | £107,440 | £105,000 | 6 GRAND SLUICE LANE |
| 24 Apr 2023 | £115,154 | £113,000 | 17 GRAND SLUICE LANE |
| 21 Apr 2023 | £203,812 | £200,000 | 35 HORNCASTLE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Dec 2019. Using an estimated price of £120,881 means this house is valued at £1,633 per sq meter (£151 per sq foot).
The average size of a house on GRAND SLUICE LANE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Grand Sluice Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Grand Sluice Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Grand Sluice Lane |