£222,015
This estimated value is based upon the latest sale price for the house of £127,500 on 5 Aug 2011. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £127,500 | 5 Aug 2011 |
| £96,000 | 6 Dec 2002 |
| £73,000 | 26 Jul 2001 |
| £42,500 | 26 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 August 2011 the House Price Index for LINCOLNSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £127,500 results in an estimated price of approximately £222,015.
| 5 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £127,500 | £94,515 | £222,015 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 116.661 % | £148,742 | £276,242 |
| 3 Month Average | 82.660 % | £105,391 | £232,891 |
| 6 Month Average | 87.471 % | £111,526 | £239,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £137,480 | £135,000 | 33 NEWCOMB COURT SCOTGATE |
| 24 Mar 2023 | £85,427 | £84,000 | 40 NEWCOMB COURT SCOTGATE |
| 20 Mar 2023 | £76,274 | £75,000 | 44 NEWCOMB COURT SCOTGATE |
| 17 Feb 2023 | £140,941 | £140,000 | 63 NEWCOMB COURT SCOTGATE |
| 30 Jan 2023 | £345,924 | £345,000 | 21A SCOTGATE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 6 Sep 2021. Using an estimated price of £222,016 means this house is valued at £4,188 per sq meter (£389 per sq foot).
The average size of a house on ROCK ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Petrol Station |
| Oct 2024 | Drugs | Under investigation | On or near Rock Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rock Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |